As the conflict in Iran evolves the Trade Credit Insurance industry is weighing the impact and watching early indicators, such as the price of oil. Higher oil prices could lead to difficulties in the global economy and possibly a recession with global insolvencies becoming a much bigger risk.
There are a variety of moving parts the industry is watching and in this article from Insurance Business magazine John Middleton, VP Complex Risk at HUB International explains how things connect together and what the impacts may be.
