Berne Union News

Will Companies Exiting Russia Be Able to Recoup Losses With Insurance?

Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co. to PwC, a global professional services firm. The following is a look …

Small Firms Fear Gap in Trade Finance If Export Import Bank Closed

Private sector trade finance has not fully recovered from its financial-crisis collapse, and it is not clear it could fill the gap if the U.S. state-run export lender closes. Conservative U.S. lawmakers are clamoring to shutter the Export-Import Bank, an …

Berne Union Reports Members Insure $1.8 Trillion of Int’l. Trade, Investment

“The volume of export credits and foreign direct investment insured by members of the Berne Union grew by 17 percent in 2011,” said the Union’s bulletin. “The result is a record amount of $1.8 trillion of trade facilitated more than …