Three risks decide whether an export gets paid, and Berne Union members paid over $11 billion in claims in 2025
Buyer risk is the chance an importer pays late or not at all. Country risk is the chance events in the buyer's country stop a payment. Performance risk is the chance one side does not deliver. Each has its own measure and its own cover.
Credit insurers covered USD 3,345 billion of short-term trade in 2025 and paid USD 11,107 million in claims
Trade credit insurance pays an exporter most of an unpaid invoice when a foreign buyer defaults or a political event stops payment. Short-term cover pays 90 to 95 percent, and the policy proceeds can be assigned to a lender to support financing.