Business insolvencies around the world are expected to rise for a fifth consecutive year, with a 6% increase expected in 2025 and 5% in 2026 before easing slightly by 1% in 2027.
According to the tribunal, K-SURE's prior knowledge of the dispute was deemed sufficient grounds to reject its application to initiate corporate insolvency against Amrit Polychem.
The Indian export credit insurer continues to benefit from robust capital support and steady investment income, despite exposure to concentrated risks.
Marine hull premiums rose by double digits across both onshore and offshore business, with offshore underwriting profits seeing a 167% rise, as claims fell.
