Clouds on the horizon for 2023, but trade credit insurers are in a good place

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      <subfield code="a">Initial exposures, in particular to Russia, were substantial with a mixture of domestic (between Russian companies) and foreign (with international sellers and Russian buyers). However, trade credit insurers have been able to manage theses down quicky, and AM Best does not expect material losses from their exposure to Russia or Ukraine.</subfield>
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