Our Focus

Supporting global trade

How Trade Credit Insurance Supports Global Trade?

 

Trade Credit Insurance (TCI), Credit and Political Risk Insurance (CPRI), and Surety bonds serve as foundational pillars of global economic stability and growth. By shielding businesses from non-payment risks and political volatility, these financial instruments safely facilitate trillions of Euros in international commerce and contractual obligations every year.

 

Driving Global Commerce: The Numbers

To demonstrate the scale and impact of our industry, ICISA publishes the aggregated annual results of our global membership.

Metric
Impact & Market Share

TCI & CPRI
Exposure
In 2025, ICISA members accepted a combined €3.6 trillion in trade credit and political risk commitments.

Surety
Exposure
Members backed €1.6 trillion in total surety obligations globally.

Global Trade
Coverage
Our market research indicates that trade credit insurance directly covered 15.1% of all global invoices raised in 2024.

Far more than simple risk mitigation tools, TCI and surety solutions empower companies to trade with absolute confidence, secure competitive financing, and optimize risk management. Ultimately, this capital security drives job creation, fuels corporate investment, and builds resilient global supply chains.

Our Strategic Focus Areas

ICISA actively champions the economic contributions of TCI, CPRI, and surety, working to ensure our sector’s voice is integrated into broader societal and economic policymaking.
We continuously advocate for the equitable treatment of trade credit insurance and surety products relative to bank-offered alternatives, specifically targeting:

  • Equal Recognition: Ensuring surety bonds receive identical legal and commercial recognition to traditional bank guarantees.
  • Jurisdictional Consistency: Championing aligned and predictable cross-border regulations.
  • Balanced Frameworks: Advocating for transparent, proportionate capital treatment and broad product acceptance across financial markets.

ICISA actively collaborates with global regulators and policymakers to foster a stable, competitive business environment for our members. We consistently provide industry expertise across a wide spectrum of policy areas, including:

  • Trade Policy: Supporting cross-border commerce and the removal of frictionless trade barriers.
  • Financial Regulation: Shaping payment frameworks, transaction regulations, and corporate disclosure standards.
  • Credit Risk & Transparency: Monitoring insolvency rules, credit risk frameworks, and the evolution of corporate reporting requirements.
  • Data Privacy: Ensuring compliance with GDPR and advocating for the responsible, secure use of data in financial services.

Through proactive advocacy and regulatory alignment, ICISA ensures that the economic power of TCI, CPRI, and surety remains fully supported and recognized on the global stage.

Get in Touch

To learn more about our economic research or regulatory advocacy, please contact Daniel de Búrca.

Daniel de Búrca
Daniel de BúrcaHead of Public Affairs
daniel.deburca@icisa.org
+31 (0)6 57 396 020
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