U.K. To Provide Reinsurance To Credit Insurers

22 Apr 2009

The U.K. government has earmarked GBP5 billion (USD7.29 billion) for a program that will offer reinsurance protection to credit insurers that write trade credit insurance to U.K. businesses.

The U.K. government has earmarked GBP5 billion (USD7.29 billion) for a program that will offer reinsurance protection to credit insurers that write trade credit insurance to U.K. businesses. Developed by the Department for Business, Enterprise & Regulatory Reform, the scheme, which goes into effect May 1, will provide ...

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