General Insurance Article - Trade credit insurance scheme extended until 30th June 2021


The UK Government has agreed with leading trade credit insurers to extend the Trade Credit Reinsurance Scheme until June 2021. The objective of the 2021 scheme is to continue to support UK businesses affected by the coronavirus pandemic and to aid economic recovery by providing targeted support via trade credit insurers.

 Commenting on the extension of the Trade Credit Reinsurance Scheme until 30th June 2021, Stuart Ramsden, Regional Director at Atradius UK said: “Maintaining trade credit insurance cover for UK businesses is key to enabling trade and protecting supply chains. Trade credit protection is also important for the UK economy and its ability to overcome the challenges arising from the pandemic. From the early days of the pandemic, Atradius, alongside other leading providers and the ABI, worked very closely with Government representatives to develop this important support scheme and we welcome the confirmed extension.”
  

Back to Index


Similar News to this Story

Top 10 predictions for insurers in 2024
EIS has released its insurance sector forecast for 2024. The global coretech platform provider believes there’s every reason to be optimistic. Despite
Uninsured driving conviction statistics 2022
The number of drivers found guilty at court for insurance related offences exceeded 117,000, with a third of convictions handed to drivers keeping a v
Insurers predict top trends for 2024
Insurance industry leaders from across Europe forecast high inflation and interest rates, attracting and retaining talent, and digital transformation

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.