Berne Union

📖 Wrapping up the year, celebrating 90 years of global trade innovation and looking to the horizon with the Berne Union Yearbook 2024 📣 We are pleased to announce the publication of the Berne Union’s anticipated Yearbook 2024 with a whole new design, a landmark in-house edition which captures the pulse of the export credit and investment insurance industry and reflects on nearly a century of resilience, collaboration, and impact.   ❓What’s inside? The Yearbook 2024 offers a comprehensive review of the trade and investment landscape.   🍃 Energy Sector Transition: Insights into ECAs’ role in financing and supporting renewable energy, hydrogen, decarbonisation, and other vital projects in the global energy transition.   ⚖️ Claims and Risk: BU members and subject matter experts share how export credit insurers are confronting and successfully navigating geopolitical, commercial, and financial risks.   📈 Market View: Exploring innovative solutions and products unlocking trade potential, case studies and success stories, sectoral opportunities, and more.   🌎 Macro Trends and Regional Focus: Analysis of global economic shifts impacting trade and what’s happening around the world in export credit.   👥 The STRIDE framework: Incoming BU President Yuichiro Akita’s vision for the coming two years: Sustainability Through Resilience, Innovation, and Diversity for Empowerment.   🌍 Backed by 86 members across 68 countries and supporting over $3 trillion in trade annually, the Berne Union continues to drive the conversations shaping the future of global trade. Dive into the Yearbook 2024 and explore how we’re navigating today’s challenges while building a roadmap for success in the decade ahead! Many thanks to all our contributors and editorial team Yuichiro Akita, Maëlia DUFOUR, Paul Heaney, Jan-Philipp Apking, Katarzyna Kowalska, Edie Quintrell, Niek van der Beek, Khalil Al Harthy, Yoel Sano, Nicholas Redman, Leah Gilbert Morris, Bilal Bassiouni Feras Nasrallah, Enja Sæthren, Mava Kulenduka, Byron Shoulton, Juergen Peterseim, Mona Mølnvik, Ronan Carr, Johan Mowinckel, Lewis Evans, Cinzia Guerrieri, PhD, Valerio Ranciaro, Elizabeth Lee Marinelli, Daniela Palacios, Romanie Peters, Helga Curtis, Laszlo Varnai, Daniel de Búrca, Kam Hessling, Mackenzie Masaki, A. Betül Kurtulus, John Manners-Bell, Lila Granda, Eran Charit, Martin Sheppard, Artūrs Karlsons, Paul Mudde, Joshua Koehler, Eve Hall #BerneUnion #BUYearbook #Yearbook2024 #ECAs #exportcredit #investment #insurance #globaltrade #tradefinance https://lnkd.in/gu3BgPn6

📖 Wrapping up the year, celebrating 90 years of global trade innovation and looking to the horizon with the Berne Union Yearbook 2024 📣 We are pleased to announce the publication of the Berne Union’s anticipated Yearbook 2024 with a whole new design, a landmark in-house edition which captures the pulse of the export credit and investment insurance industry and reflects on nearly a century of resilience, collaboration, and impact.   ❓What’s inside? The Yearbook 2024 offers a comprehensive review of the trade and investment landscape.   🍃 Energy Sector Transition: Insights into ECAs’ role in financing and supporting renewable energy, hydrogen, decarbonisation, and other vital projects in the global energy transition.   ⚖️ Claims and Risk: BU members and subject matter experts share how export credit insurers are confronting and successfully navigating geopolitical, commercial, and financial risks.   📈 Market View: Exploring innovative solutions and products unlocking trade potential, case studies and success stories, sectoral opportunities, and more.   🌎 Macro Trends and Regional Focus: Analysis of global economic shifts impacting trade and what’s happening around the world in export credit.   👥 The STRIDE framework: Incoming BU President Yuichiro Akita’s vision for the coming two years: Sustainability Through Resilience, Innovation, and Diversity for Empowerment.   🌍 Backed by 86 members across 68 countries and supporting over $3 trillion in trade annually, the Berne Union continues to drive the conversations shaping the future of global trade. Dive into the Yearbook 2024 and explore how we’re navigating today’s challenges while building a roadmap for success in the decade ahead! Many thanks to all our contributors and editorial team Yuichiro Akita, Maëlia DUFOUR, Paul Heaney, Jan-Philipp Apking, Katarzyna Kowalska, Edie Quintrell, Niek van der Beek, Khalil Al Harthy, Yoel Sano, Nicholas Redman, Leah Gilbert Morris, Bilal Bassiouni Feras Nasrallah, Enja Sæthren, Mava Kulenduka, Byron Shoulton, Juergen Peterseim, Mona Mølnvik, Ronan Carr, Johan Mowinckel, Lewis Evans, Cinzia Guerrieri, PhD, Valerio Ranciaro, Elizabeth Lee Marinelli, Daniela Palacios, Romanie Peters, Helga Curtis, Laszlo Varnai, Daniel de Búrca, Kam Hessling, Mackenzie Masaki, A. Betül Kurtulus, John Manners-Bell, Lila Granda, Eran Charit, Martin Sheppard, Artūrs Karlsons, Paul Mudde, Joshua Koehler, Eve Hall #BerneUnion #BUYearbook #Yearbook2024 #ECAs #exportcredit #investment #insurance #globaltrade #tradefinance https://lnkd.in/gu3BgPn6

🚨 As advocates for collaboration and knowledge-sharing, the Berne Union is thrilled to support the upcoming ExCred International 2025, taking place at the Millennium Gloucester Hotel in London, UK, on 25-26 February, 2025. 🎤 A highlight of this year’s event will be a keynote from Yuichiro Akita, recently elected new President of the Berne Union, who will share insights on the latest developments shaping international trade finance. 💡 This year’s agenda dives into cutting-edge topics, including: ✔️Conflict in the Middle East ✔️New entrants to the market ✔️The practical use of ART solutions ✔️The rise of private credit and its impact on trade and insurance ✔️Unlocking the carbon credit market ✔️Regulatory updates for banks and insurers ✨Exclusive for Berne Union members: ExCred International is offering a 20% VIP registration discount! 📅 Don’t miss this opportunity to join critical discussions and stay ahead in the ever-evolving trade and insurance landscape. ✅ Click here ➡️ https://bit.ly/3ZfO5BL to register now! #ExCredInternational

🌍The Berne Union participated in in the Africa Investment Forum this week in Rabat with President Yuichiro Akita and Secretary General Paul Heaney addressing the role of #exportcredit and #investment #insurance as instruments for African development. 🤝 Thank you to the African Development Bank Group, Hassatou Diop N'Sele, Marie-Laure Ndongo-Seh Akin-Olugbade, Max magor Ndiaye, Neema Siwingwa, Cecile Ambert, Nana Spio-Garbrah for the invitation to contribute to this vital forum. We are excited to work together to further strengthen connections, promote #innovation and deliver #impact through #risksharing among #ECAs, #MDBs, #DFIs and the private #CPRI market in Africa and globally. 🔑 key messages from the #BU presentations attached:

📢 We're thrilled to announce that ABGF - Agência Brasileira Gestora de Fundos Garantidores e Garantias of Brazil and MS Amlin, a subsidiary of Mitsui Sumitomo Insurance Group, have joined as Observer Members following the recent Annual General Meeting in October and All Members Vote in November.   💡 ABGF will contribute to the ECA and MLT Committees, while MS Amlin joins the MLT Committee—bringing diverse expertise to our global network.   🗺 We are delighted to welcome both organisations as Observer Members and equally happy to see the breadth of BU representation expanding across both the Latam region and the Lloyds insurance market. They bring a huge amount of experience, knowledge and expertise which will greatly enrich the BU community.   🎉Welcome, ABGF and MS Amlin, to the Berne Union community!  👉 https://lnkd.in/gwMnkdgF

“#Trade creates boundless #opportunity, but is not without #risk”… #BU90 has provided a welcome opportunity this year to reflect on the evolution of #exportcredit and role of the #BU ensuring the #stability, #development and positive #impact of our industry. 🌍For almost a century, we have witnessed the world’s biggest challenges and have anticipated and reacted to #political trends and #economic developments which impact global trade... 🧭As we look to the future, our focus is on equipping our members to navigate these challenges by highlighting #innovation, supporting #dialogue and promoting #cooperation, with each other and with friends and partners across the globe... 🎈Happy birthday Berne Union! and a huge thank you to all our members and partners for your support over the past decades, and today. A special thank you to everyone who contributed to this video, and all our celebrations this year. 👏 Yuichiro Akita, Paul Heaney, Maëlia DUFOUR, Michal Ron, Beatriz Reguero Naredo, Benjamin Mugisha, Caroline Healy, Jared Kotler, David Havlíček, CFA, Irene Gambelli, Amal Jaradat, Corina Vulpes, Giulia Riccio, Mikuláš Pýcha, Louison GIRAULT, Ante Alic, Sulaiman Al Shaibani, Gregory Stamatopoulos, MBA, Kai Preugschat, Professor Andreas Klasen, Chris Mitman, Eve Hall, Artūrs Karlsons, Lewis Evans, Joshua Koehler, Claire Allen, Carla Senatore, Didem Bayseferoğulları, Emily Kate (EK) Gray - CITP, Nicole Cherry, Yerim Lee

In a rapidly changing environment, collaboration is the cornerstone of success. It starts with a shared vision and the passion to pursue it as a unified team. #collaboration #changes #success #sharedvision 📸 Berne Union

🌐 Recap: 90+ Berne Union Country Risk specialists met in #Riyadh last week. New challenges demand new approaches – making the Berne Union expert community invaluable to exchange experiences and insights across any political divides. ⚖️We started with an overview of geopolitical tensions and outlook, maturing to a technical discussion on political risk modelling, and ending Day 1 with an overview of industry data and member shared experiences. ✏️ As many as 50% of the participants in the meeting had changed their political risk models in the past two years to take account of the new ways that the world is now turning. ✏️ At the same time, ECAs are increasingly seen as tools to be used in the geopolitical rivalry. ECAs continue to support national export in their demand driven ways - but are increasingly also being asked to foster new opportunities and take active part in the quest for market positions. 🏦We explored Saudi Arabia’s National Strategy and how innovations in risk-sharing can help manage exposure levels while fuelling export strategies. 🤝 Day 2 started with buzzing discussions on debt sustainability, followed by an in-depth examination of the recent Sovereign restructurings and how to deal with increasing complexity and lessons learned from the DSSI. ⚡We covered sectoral risk, with a deep dive in infrastructure, renewable energy and critical minerals. How can we structure projects to mitigate risks and keep pace with the huge global demand for investments? What did we learn from projects that encountered difficulties and what should we be aware of when assessing the risk? 🙏 Thank you to the steering committee Jørn Fredsgaard Sørensen, Shahbaz Syed, CFA FRM, Suhaib Al-Hosainy, Olga Tschekassin, Patrick Chileshe PhD, CFA, FRM, Eve Hall, Joshua Koehler and all the experts from the Berne Union and industry Giovanni Riva, Benjamin Young, Kenan Jusufspahic, Bilal Bassiouni, Neha Nangia who joined us in warm and open discussions. 🌺 Special thanks to our esteemed hosts Eng. Saad Alkhalb and Saudi EXIM Bank where excellent hospitality knows no bounds. A beautiful dinner at #AlBujairiTerrace in the historic town of #Diriyah and a tour around the #AtTuraifUNESCO World Heritage site was a highlight for all. #BUCR24 #countryrisk #exportcredit #tradefinance #ECA #CPRI

الرياض | 🇸🇦 جانب من مشاركة الضيوف في الفعاليات الثقافية والترفيهية في مدينة الرياض، على هامش "اجتماع اتحاد بيرن لخبراء مخاطر الدول 2024". #توسع_عالمياً Riyadh | 🇸🇦 Guests participated in cultural and entertainment activities in Riyadh on the sidelines of the “Berne Union Country Risk Specialists Meeting 2024.” #ExpandGlobally Berne Union

الرياض | 🇸🇦 في اليوم الأول.. مباحثات مكثفة لتعزيز الحلول الاستراتيجية لنمو واستدامة التجارة الدولية. ‫#توسع_عالمياً‬ ‏‪Berne Union