Economic & Trade Risk Insights

Companies typically view insurance as a safety net, a cost to mitigate risk. But what if it could also be a catalyst for growth? This data deep dive explores how Trade Credit Insurance (TCI) transforms from a protective tool into a powerful growth engine, using insights and real-world data from the Allianz Trade guide.

Extending credit to customers is a necessary part of doing business, but it comes with the inherent risk that some invoices will never be paid. When an account receivable becomes uncollectible, it becomes a bad debt, and it must be accounted for on your income statement as a bad debt expense.