German credit insurers brace for spike in corporate insolvencies
Adrian LadburyDecember 15, 2022
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 by the German insurance association, the GDV, commercial credit and surety...
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Adrian LadburyDecember 15, 2022
