Global Trade Review (GTR) has reported that experts are predicting that US President Donald Trump’s protectionist trade policies will likely boost demand for credit insurance as firms grapple with non-payment threats. The Berne Union’s Business Confidence Trends Index reveals that credit and political risk insurers anticipate a jump in demand for short-term policies. The report says, “With looming tariffs from the current US administration, coupled with uncertainty surrounding their implementation, and potential retaliation from major trading partners like Canada, China and the EU, exporters may increasingly turn to credit insurance to mitigate risks to their trade assets.” The Berne Union’s index also highlights a dramatic reversal in business sentiment among private underwriters of short-term risks, which in the previous survey expressed notable pessimism. The index score for “expected demand” among commercial insurers has risen to 77.2, up from last year’s 37.5. To read GTR’s article, go to https://www.gtreview.com/news/global/the-trump-effect-credit-insurers-brace-for-growing-demand/.