Trade credit and surety insurances reinforce their role

According to the International Credit Insurance & Surety Association (ICISA), trade credit insurance covered commercial credit lines grew by 7.5% in 2024, reaching EUR 3.5 trillion and supporting global trade at record levels. In the surety sector, insured exposure rose by 9.3% to EUR 1.5 trillion, showing sustained investment in infrastructure and project development.

International trade thrives when companies offer trade credit lines. These lines provide essential liquidity, allowing businesses to manage cash flow and invest in growth without immediate payment pressures. They also build trust and long-term relationships between trading partners, fostering confidence and stability. 

Solid market performance in 2024

“These results reflect more than just market performance. They represent the willingness of our members to support the economy, even when there are clouds on the horizon. The strategic agility of our members enables the indispensable role our industry plays in enabling trade, investment, and development globally,” said Richard Wulff, executive director of ICISA. “When we bring together the lion’s share of the trade credit insurance and surety industry in one room, we create the opportunity to build a stronger, more resilient foundation for global trade and financial stability.” 

In 2024, ICISA members like Atradius demonstrated strong fundamentals and the ability to adapt and lead amid complexity. The combination of increased insured exposure, stable premiums, and improved claims performance highlights the industry's strength and its vital role in supporting global commerce.

Founded in 1928 by Atradius and other insurers, ICISA brings together the world's leading companies that provide credit insurance or surety bonds. Their members play a central role in facilitating trade and economic development worldwide.

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