Trade credit insurers face 'elevated risk' from remaining trade with Russia, warns ratings agency
DBRS Morningstar has warned that trade credit insurers “should expect to deal with an inflow of credit default claims” as Russian buyers start missing payments as a result of the fallout of the war in Ukraine.
The ratings agency said this week that the sanctions imposed on Russia in response to its invasion of its neighbour, as well as the retreat of European and North American businesses from the country
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