German credit insurers brace for spike in corporate insolvencies

Adrian LadburyDecember 15, 2022
Frankfurt am Main, Germany. Credit: iStock/RudyBalasko
Frankfurt am Main, Germany. Credit: iStock/RudyBalasko

German surety and credit insurers are reporting rising defaults on payments, up almost 50% in 2022 compared to 2021, and a real “struggle for survival” along supply chains in parts of the economy.

According to a projection...

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Adrian LadburyDecember 15, 2022
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