Trade credit insurance claims fall
According to figures from the Association of British Insurers the number of claims has fallen by 1% for Q2 2009, compared to the same period last year
The latest figures from the Association of British Insurers (ABI) show that trade credit insurance claims have fallen for the first time in four quarters.
In Q2 2009 the total number of claims was 5,661, a decrease of 1% from 5,702 in Q2 2008.
The total value of claims was £81m, an increase of 17% from £69m in Q2 2008.
Meanwhile, provisional figures from the Insolvency Service show that the total number of company liquidations was 5,059 in Q2 2009, an increase of 37% from 3,689 in Q2 2008.
Nick
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