'Critical' financial distress leaps by a third in Q1 2026. The latest Red Flag Alert research from BTG for Q1 2026 has revealed the number of businesses in 'critical' financial distress rose by 36.9% compared with the first quarter of 2025. As of 31 March 2026, BTG's research found there were 62,193 companies in 'critical' financial distress, substantially higher than the 45,416 in Q1 2025. All 22 sectors monitored by Red Flag Alert experienced an annual increase in the number of companies in 'critical' financial distress when compared with the same period in 2025, with Hotels and Accommodation (+69.3%), Leisure and Cultural Activities (+65.9%) and Sports and Health Clubs (+51%) delivering some of the highest annual increases. Businesses in 'significant' financial distress also increased 9.6% annually in Q1 2026 to 634,867, with 21 out of 22 sectors experiencing a year-on-year increase. The most affected industries were Construction (+10.5%), Support Services (+7.2%) and Real Estate and Property Services (+15.1%). To read BTG's news release, go to https://www.btguk.com/news/critical-financial-distress-leaps-by-a-third-in-q1-2026.

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More than 1.5 million UK businesses carry overdue invoices as late payments increase. According to a new report from R3, late payment pressures intensified for UK businesses in the first quarter of 2026, with a growing number of companies carrying overdue invoices on their books. R3's latest Quarterly Business Health report, based on data from Creditsafe, shows that the number of overdue invoices rose to 17.48 million, up 3% on the same period last year, while 1.57 million UK businesses had overdue bills on their books. Late payments varied by region, with the West Midlands recording the highest number of overdue invoices (3.05 million), followed by Greater London (2.91 million) and Scotland (2 million). In percentage terms, the sharpest rises in overdue invoices were recorded in the West Midlands (up 17% on Q1 2025), Scotland (up 9%) and the North East (up 5%). To read R3's news release, go to https://www.r3.org.uk/press-policy-and-research/news/more/32802/page/1/.

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SMEs seek protection as bad debt and late payment pressures intensify. Bibby Financial Services' (BFS) latest SME Confidence Tracker warns that weaker economic conditions, elevated costs and cashflow pressures are weighing on UK SMEs. The research found that SMEs are owed an average of £66,770 in unpaid invoices, up 10% year-on-year, while 30% have written off almost £30,000 on average because of customer insolvency or default. Payment delays are also worsening: 62% of SMEs say customers are taking longer to pay, while 24% have paused hiring due to persistent late payments. The report also shows confidence has weakened sharply, with the SME Confidence Index falling to 51% in Q1 2026 from 66% in Q3 2025. To read BFS' report, go to https://www.bibbyfinancialservices.com/sme-confidence-tracker-q1-2026. 

 

Geopolitics drives a record share of UK profit warnings in Q1. According to EY-Parthenon's latest Profit Warnings report, almost half (49%) of the 55 profit warnings issued by UK-listed companies in Q1 2026 cited the impact of policy change and geopolitical uncertainty as a leading factor. This marked the highest quarterly proportion recorded for this cause in more than twenty-five years of EY's analysis, a significant increase from the 34% of warnings that referenced this reason during the same period last year. Since the start of the conflict in the Middle East, more than two in five (42%) of the 24 warnings issued by listed firms have cited its impact. Nearly a fifth (19%) of all UK-listed businesses have issued at least one profit warning in the last 12 months. To read EY's news release, go to https://www.ey.com/en_uk/newsroom/2026/04/almost-half-uk-profit-warnings-policy-geopolitical-uncertainty.

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Two-fifths of Scottish SMEs were hit by bad debt in the past 12 months. Bibby Financial Services' (BFS) latest SME Confidence Tracker warns that bad debt and late payment are putting significant pressure on Scottish SMEs' cashflow and profitability. The research found that 39% of Scottish SMEs, equivalent to around 139,000 businesses, experienced bad debt in the past 12 months. Among those affected, the average amount written off because of customer insolvency or payment default was £27,500. Scottish SMEs are also owed an average of £60,000 in unpaid invoices, while 69% say customers are taking longer to pay than a year ago. The impact is spreading through supply chains, with 19% delaying payments to their own suppliers. Confidence has also weakened, with fewer firms expecting sales growth and fewer describing themselves as profitable. To read BFS' news release, go to https://www.bibbyfinancialservices.com/news/two-fifths-of-scottish-smes-hit-by-bad-debt-in-the-past-12-months.

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England and Wales company insolvencies rose 7% in March. Latest data from the Insolvency Service has shown that the number of registered company insolvencies in England and Wales was 2,022 in March 2026, 7% higher than in February 2026, and at a similar level to March 2025. The increase in March followed four months of numbers that were lower than those typically seen between 2022 and 2025. It was mostly driven by more than 100 connected companies in the real estate sector entering administration. Company insolvencies in March 2026 consisted of 299 compulsory liquidations, 1,468 creditors' voluntary liquidations, 235 administrations and 20 company voluntary arrangements. One in 194 companies on the Companies House effective register (at a rate of 51.6 per 10,000 companies) entered insolvency between 1 April 2025 and 31 March 2026. This was a decrease from the 53.0 per 10,000 companies that entered insolvency in the 12 months ending 31 March 2025. To read the Insolvency Service release, go to https://www.gov.uk/government/statistics/company-insolvencies-march-2026/commentary-company-insolvency-statistics-march-2026.
Licensed under the terms of Open Government Licence v3.0.

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UK insolvencies remain elevated despite April dip. New data from Creditsafe shows that 2,296 businesses across the UK and Northern Ireland entered insolvency in April 2026, a 25% decrease from March and 8% lower than in the same month last year. Creditsafe said the month-on-month decline followed two consecutive months of increases and echoed the April dip seen in 2025. However, insolvency levels remain elevated by historical standards, with businesses continuing to face rising operating costs, supply-chain disruption linked to geopolitical tensions, high interest rates and weak consumer demand. Construction remained the hardest-hit sector, with 432 insolvencies, accounting for 17% of all business failures. Wholesale and Retail recorded 303 insolvencies, while Accommodation and Food Services saw 312. Together, those two sectors accounted for 26% of April insolvencies. To view Creditsafe's findings, go to https://www.creditsafe.com/gb/en/blog/reports/insolvencies.html.

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26,550 UK business insolvencies are forecast in 2026. Allianz Trade's latest Insolvency Report expects UK insolvencies to broadly stabilise in 2026, with cases forecast at 26,550, although this would still be around 30% above pre-2020 levels. While the headline figure suggests stability, the report also indicates sectoral divergence, with expected falls in construction, hospitality and retail offset by increases in manufacturing, wholesale and B2B services. The report also notes that the Middle East conflict has added pressure to an already fragile outlook, limiting the scope for a sharper decline in insolvencies next year. However, a more meaningful improvement is expected in 2027, when insolvencies are forecast to fall by 5% (to 25,300 cases) as economic conditions strengthen. Nevertheless, Allianz Trade suggests that structural challenges, including trade barriers and skills shortages, will continue to weigh on UK businesses. To read Allianz Trade's news release, go to https://www.allianz-trade.com/en_GB/newsroom/2026-allianz-trade-insolvency-report.html.

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​​​​​UK & Republic of Ireland Economy

​​​The UK may avoid a recession, but only narrowly. The National Institute of Economic and Social Research (NIESR) has revised down its UK growth outlook, with its baseline forecast now pointing to GDP growth of 0.9% in 2026 and 1.0% in 2027. This represents downward revisions of 0.5 and 0.3 percentage points respectively compared with its February forecast. NIESR also expects CPI inflation to rise, peaking at 4.1% in early 2027 before returning to the 2% target in 2028. In a further shift, it now expects the Monetary Policy Committee to raise Bank Rate by 25 basis points this year, rather than deliver the two cuts previously anticipated. However, risks remain tilted to the downside. In a more adverse scenario involving renewed hostilities, a prolonged closure of the Strait of Hormuz and oil prices rising to around $140 per barrel, the UK could face recession alongside inflation of around 5% later this year. To read NIESR's news release, go to https://niesr.ac.uk/reports/economic-outlook-spring-2026.

 

UK economy gains momentum as GDP rises 0.5% in February. The UK economy grew by 0.5% in February 2026, according to the latest ONS monthly GDP estimate, following revised growth of 0.1% in January. The figures point to a stronger start to the year, with GDP also up 0.5% in the three months to February, compared with growth of 0.3% in the previous three-month period. Services, the largest part of the economy, rose 0.5% in February, supported by broad-based growth across most subsectors. Production also increased 0.5%, while construction grew 1.0% on the month. Over the three months to February, services and production expanded, although construction remained weak, falling 2.0%. GDP was estimated to be 1.0% higher than a year earlier in February. To read the ONS news release, go to https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/february2026.

Licensed under the terms of Open Government Licence v3.0.

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IMF places UK among weaker G7 performers in 2026. The IMF's April 2026 World Economic Outlook projects UK GDP growth of just 0.8% in 2026, placing the UK among the weaker G7 performers, while consumer price inflation is forecast at 3.2%. The wider report warns that the Middle East war is testing global resilience through higher commodity prices, firmer inflation expectations and tighter financial conditions. Although the IMF's baseline assumes the conflict remains limited, it says downside risks dominate the outlook, with a longer or broader conflict potentially weakening growth and destabilising financial markets. The report also highlights elevated public debt and reduced policy buffers as vulnerabilities, suggesting limited room for governments to respond to further shocks. To read the IMF's Outlook, go to https://www.imf.org/en/publications/weo/issues/2026/04/14/world-economic-outlook-april-2026.

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RSM warns UK growth could slow to 0.5% as inflation rises again. RSM's latest UK Economic Outlook says the Iran conflict is pushing the UK towards its downside scenario, with growth expected to slow to around 0.5% in 2026 and a real risk of recession if energy prices rise further. RSM expects inflation to fall to 2.8% in April, before peaking at 3.5-4% later this year, with its 2026 inflation forecast raised to 3.4%. The labour market is also expected to weaken, with unemployment heading towards 5.5% in 2026 and real-wage growth likely to turn negative later this year. RSM expects the Bank of England base rate to stay at 3.75%. To read RSM's report, go to https://www.rsmuk.com/insights/real-economy/uk-economic-outlook.

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ONS survey points to softer UK business activity amid economic uncertainty. The Office for National Statistics (ONS) Business Insights and Conditions Survey suggests UK business activity remained under pressure in March and early April, with implications for near-term GDP growth. Nearly a quarter of trading businesses reported that turnover fell in March compared with February, while only 17% reported an increase. Economic uncertainty was the most frequently cited challenge affecting turnover, reported by 35% of trading businesses and 40% of those with 10 or more employees. These were the highest levels since the question was introduced in April 2022. Cost pressures also intensified: 40% of businesses reported an increase in the prices of goods or services bought in March 2026 compared with the previous month. This figure is 11 percentage points higher than in February and represents the highest proportion reported since December 2022 (41%). To read the ONS release, go to https://www.ons.gov.uk/businessindustryandtrade/business/businessservices/bulletins/businessinsightsandimpactontheukeconomy/23april2026.

Licensed under the terms of Open Government Licence v3.0.

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CBI warns UK private sector downturn is set to worsen. The CBI's latest Growth Indicator warns that the downturn in UK private sector activity is expected to worsen. Firms expect activity to fall over the next three months, with a weighted balance of -25%, the weakest expectations since December 2025 and part of a negative trend that began in late 2024. Activity had already fallen in the three months to April, with all sub-sectors reporting declines. Services volumes are expected to fall by 22%, while distribution sales are forecast to decline sharply by 41% and manufacturers expect a modest fall in output. The CBI said businesses are facing uneven trading conditions, strong cost pressures and renewed uncertainty, with the Middle East conflict adding pressure to costs and supply chains. To read the CBI's news release, go to https://www.cbi.org.uk/media-centre/articles/downturn-in-private-sector-activity-set-to-worsen-cbi-growth-indicator/.

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UK finance leaders' confidence has fallen to a six-year low. According to Deloitte's latest CFO Survey, optimism among CFOs dropped sharply to a net -57%, down from -13% in the previous quarter, as geopolitical risk, energy prices and the prospect of higher interest rates weighed on sentiment. Deloitte said the survey, conducted between 16 and 30 March, showed the conflict in the Middle East had created a significant shock to business confidence. In response, businesses are taking a more defensive stance, with cost control and cash conservation now prioritised over capital spending and hiring. Ian Stewart, chief economist at Deloitte UK, said: "Rarely in the last 16 years have UK CFOs been more focused on cost control than today. The immediate priority for finance leaders is to strengthen balance sheets in the face of external headwinds." To read Deloitte's news release, go to https://www.deloitte.com/uk/en/about/press-room/uk-finance-leaders-confidence-drops-as-geopolitical-risk-dominat-april-2026.html.
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Rising global tensions drive the BDO Output Index to its lowest level in five years. According to the latest Business Trends report from BDO, UK business activity fell to a multi-year low in March as conflict in the Middle East weighed on costs, output and confidence. BDO's Business Output Index declined to 94.93 in March, down from 95.78 in February. This marks its lowest reading in more than five years and the first time output has fallen into contractionary territory, slipping below the critical 95 mark, since February 2021. The slowdown was felt across both the services and manufacturing sectors. With inflation now expected to remain elevated into the second half of 2026, business confidence also dropped sharply. The BDO Optimism Index, which measures business confidence, fell from 93.45 to 91.83 in March, reversing February's recovery and erasing recent gains. Manufacturers reported their lowest confidence level since April 2025, when businesses were dealing with US tariff announcements. To read BDO's news release, go to https://www.bdo.co.uk/en-gb/news/2026/rising-global-tensions-drive-bdo-output-index-to-lowest-level-in-five-years.

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Worst UK April sales performance in a decade raises fresh concerns. According to the latest High Street Sales Tracker from BDO, total like-for-like sales in discretionary categories (fashion, homewares and lifestyle) fell by 1.6% in April compared with the same month last year. Excluding the COVID-19 pandemic, when stores were shut, this marks the worst April result in a decade. This is a particularly bleak result, as all three categories of discretionary spend recorded a decline in total sales for the first time since March 2018, excluding the COVID-19 pandemic period. In-store sales performed particularly badly, falling by 1.8% from a base of +2.3% last year, as weak consumer confidence and rising living costs continued to weigh heavily on spending. This is the eighth consecutive month in which sales growth has failed to keep pace with inflation. To read BDO's news release, go to https://www.bdo.co.uk/en-gb/news/2026/worst-april-sales-performance-in-a-decade-raises-fresh-concerns-for-the-high-street.

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Business creations decline across most UK sectors. The ONS reports that UK business creations fell in Q1 2026, while closures also edged down. The number of businesses added to the Inter-Departmental Business Register was 78,650 between January and March, an 8.0% decrease compared with Q1 2025. Business creations declined in 15 of 16 main industrial groups, with the largest falls in finance and insurance and health and social care, down 25.7% and 23.9% respectively. The number of business closures was 83,195, 1.1% lower than a year earlier. Closures fell in nine of 16 industry groups, with the sharpest declines in transportation and storage and business administration and support services, suggesting weaker start-up activity rather than a broad rise in exits. To read the ONS release, go to https://www.ons.gov.uk/businessindustryandtrade/business/activitysizeandlocation/bulletins/businessdemographyquarterlyexperimentalstatisticsuk/januarytomarch2026.
Licensed under the terms of Open Government Licence v3.0.

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A 20% drop in UK export activity to Middle East markets. New data from the British Chambers of Commerce (BCC) has revealed a 20% drop in export activity to Middle East markets as the Iran/US conflict escalated in March. The findings are based on the number of certificates of origin issued by Chambers of Commerce. These are key customs documents required for exporting UK goods, including to Arab League countries. Certificates for Arab markets fell by 20%, from 15,437 in March 2025 to 12,360 in March 2026. In comparison, certificates for non-Arab markets declined by just 4%, from 24,751 in March 2025 to 23,785 in March 2026. A sharp fall in certificates indicates goods are either being delayed, rerouted or not shipped at all. To read BCC's news release, go to https://www.britishchambers.org.uk/news/2026/04/conflict-cuts-middle-east-trade-by-one-fifth/.

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​Global: Late Payment, Insolvencies & Economy

​Global growth forecast is revised down. The National Institute of Economic and Social Research (NIESR) has warned that, although the global economy proved surprisingly resilient to the tariff shock of 2025, it now faces a new and potentially more disruptive energy shock. In its baseline forecast, NIESR expects global GDP to grow by 2.9% in 2026, a 0.3 percentage point downward revision from its February forecast, before rising by 3.0% in 2027. US GDP is forecast to grow by 2.0% in 2026 and 2.1% in 2027, with inflation expected to remain above target this year. By contrast, euro area growth is projected to slow to 1.0% in 2026 before recovering to 1.4% in 2027. Japan is especially exposed because of its reliance on imported Middle East energy and is forecast to grow by just 0.5% in 2026. Among major emerging markets, China and India are expected to continue expanding relatively quickly, although both remain vulnerable to higher energy costs and weaker external demand. To read NIESR's news release, go to https://niesr.ac.uk/reports/economic-outlook-spring-2026.

 

World Bank warns Europe and Central Asia growth is set to slow. The World Bank's latest ECA Economic Update has warned that growth across the developing economies of Europe and Central Asia is set to slow sharply this year, as conflict in the Middle East, geopolitical tensions and trade fragmentation weigh on activity. Growth in Russia is forecast to fall to 0.8%, while expansion elsewhere in the region is expected to ease to 2.9%. Central Asia's growth is projected to slow to an average of 4.9% in 2026-27. Central Europe is expected to grow by around 2.4% this year before moderating to 2.3% in 2027, while the Western Balkans are forecast to average 3.1% growth over the next two years. Ukraine's growth is expected to slip to 1.2%, constrained by continued hostilities, rising energy costs and fiscal pressures. To read the World Bank's news release, go to https://www.worldbank.org/en/news/press-release/2026/04/08/economic-growth-to-slow-in-europe-and-central-asia-as-risks-rise.

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Insolvency risks remain uneven across major markets. Allianz Trade's Global Insolvency Outlook 2026-27 predicts that Asia will remain the largest contributor to global insolvency growth, with China's business failures forecast to rise by 9% in 2026 and 5% in 2027, reflecting ongoing structural pressures. North America shows a mixed picture, with the US expected to rise by 9% in 2026, while Canada is forecast to decline by 4%. In Western Europe, insolvencies are forecast to increase by 3% in 2026 before easing by 3% in 2027, with most countries in a broadly stable range of -4% to +4%. Germany and France are both expected to rise by 2%, Belgium by 1%, while the UK is forecast to fall slightly by 1%, underlining uneven regional insolvency trends and continued non-payment and supply-chain risks. To download the report or listen to a podcast on its findings, go to https://www.allianz-trade.com/en_global/economic-research/podcast.html.

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The Middle East conflict could push 15,000 more firms into insolvency. Insurance Business reports that Allianz Trade warns that the Middle East conflict could push more than 15,000 additional companies into insolvency worldwide over the next two years, with Asia expected to bear more than half of the impact. Allianz Trade now forecasts global business failures will rise by 6% in 2026, marking a fifth consecutive annual increase, before stabilising at elevated levels in 2027. The conflict alone is expected to add around 7,000 insolvencies in 2026 and a further 7,900 in 2027 compared with pre-crisis assumptions. This is a notable revision from Allianz Trade's October 2025 outlook, which had projected a 5% increase in 2026 followed by a 1% decline in 2027. Even before the escalation, Allianz Trade had recorded 327 major insolvencies in the first nine months of 2025 and expected 2026 levels to sit 24% above pre-pandemic norms. To read Insurance Business' article, go to https://www.insurancebusinessmag.com/us/news/breaking-news/iran-war-to-tip-15000-more-firms-into-insolvency-allianz-warns-572842.aspx.

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Dun & Bradstreet warns Middle East conflict is transmitting a global economic shock. Dun & Bradstreet's Q2 2026 Global Economic Outlook warns that global growth is slowing as the Iran/Middle East conflict disrupts energy, transport and trade. The report forecasts world GDP growth of 2.6% in 2026, with North America slowing to 1.9%, Latin America to 2.0%, Western & Central Europe to 1.4% and the OECD to 0.6%. It notes that the Strait of Hormuz normally carries around 20 million barrels per day of oil and oil products, about one-fifth of global consumption. In Asia, many Asia-Europe shipments have been diverted via the Cape of Good Hope, adding 10-14 days to lead times. To read D&B's report, go to https://www.dnb.com/en-us/reports/global-economic-outlook-report.html.

 

Coface finds sharp country divergence behind stable CEE insolvency figures. Coface's latest CEE Insolvency Study shows that, while insolvencies across Central and Eastern Europe were broadly stable in 2025, the regional headline masks sharp differences between countries. Total insolvency proceedings edged up by just 0.26%, from 46,043 in 2024 to 46,161 in 2025. However, country-level trends varied significantly. Poland recorded the steepest rise, with insolvencies up 17.8%, largely due to the growing use of restructuring procedures rather than a sudden deterioration in business activity. Slovenia (+12.9%), Serbia (+9.6%), the Czech Republic (+8.7%) and Romania (+3.8%) also saw increases. In contrast, Croatia (-18.6%), Slovakia (-14.5%), Lithuania (-13%), Latvia (-7.4%), Hungary (-6.6%) and Bulgaria (-6.2%) reported declines. To read Coface's news release, go to https://www.coface.com/news-economy-and-insights/cee-insolvencies-stability-on-the-surface-fragility-beneath-and-rising-risks-ahead.

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​​​​Credit Management News & Resources
New Diplomatic Advisory Hub supports UK exporters amid Middle East uncertainty. The British Chambers of Commerce's Diplomatic Advisory Hub, first announced by the Foreign Office on 20 March 2025, has become increasingly relevant as the Middle East conflict adds further uncertainty for UK exporters. Developed with the Foreign, Commonwealth and Development Office, and led by a former UK Ambassador, the Hub is designed to give SMEs practical access to diplomatic and geopolitical advice when trading overseas. By March 2026, the service was being promoted through the BCC website, offering personalised guidance, events, crisis support, referrals and access to diplomatic expertise. With disruption to trade routes, rising geopolitical risk and more complex market conditions affecting export decisions, the Hub provides a useful front door for businesses seeking support. It also enables intelligence from companies and supply chains to feed back into UK diplomacy. For more information, go to https://www.britishchambers.org.uk/diplomatic-advisory-hub/.

 

Experian launches AI-powered 'Transaction Forensics' to support fraud prevention across UK financial services. Experian has launched Transaction Forensics, an AI-powered fraud and anti-money laundering tool for UK financial services firms, as banks and payment providers face growing pressure from authorised push payment (APP) fraud, where individuals or businesses are tricked into sending money directly to criminals. The solution combines Resistant AI's behavioural and transaction analytics with Experian's consumer and commercial data to assess bank-to-bank payments in real time. It supports Faster Payments, BACS and CHAPS, and is designed to help identify APP fraud, mule activity and money laundering. Experian said pilot testing showed a 200% increase in APP fraud detection, an 80% reduction in false positives and a 50% reduction in alert volumes. To read Experian's news release, go to https://www.experianplc.com/newsroom/press-releases/2026/experian-launches-ai-powered--transaction-forensics--to-bolster-.​

 

Atradius Risk Map shows 102 economies rated as high risk. Atradius' latest Risk Map Q1 2026 is now available and shows that global country risk remains widespread, with 102 economies classified as high risk, compared with 79 low-risk and 26 moderate-risk countries and territories. The update, covering conditions at the end of Q1 2026, records upgrades for Ghana, Kenya, Moldova, the Republic of the Congo and Tunisia, while Nicaragua was downgraded. Atradius said Nicaragua's downgrade reflects a more repressive political environment, greater exposure to US sanctions and tariff threats, and rising transfer and convertibility risks. To read Atradius' news release, with a link to the interactive map, go to https://atradius.co.uk/knowledge-and-research/news/key-highlights-from-the-atradius-risk-map-q1-2026.

 

Atradius releases Q2 updates on over 500 industry forecasts globally. Atradius has released its Q2 2026 industry forecast per market, covering business performance and credit risk across 555 forecasts, 15 sectors and 37 economies in Europe, the Americas and Asia-Pacific. The update shows a broad spread of risk, with 140 forecasts rated low risk, 207 moderate risk and 208 high risk, including 14 more high-risk sector assessments than in January 2026. Atradius said chemicals have been most affected by recent downgrades, particularly in Europe, due to oil and gas price volatility linked to the war in the Gulf. Food, pharmaceuticals, financial services, electronics/ICT and agriculture are rated more favourably than the overall benchmark, while machines/engineering and services remain mid-range. Transport, automotive, consumer durables and paper show elevated risk, with the most negative outlook concentrated in construction, metals/steel and textiles. To read Atradius' news release, go to https://atradius.co.uk/knowledge-and-research/news/atradius-releases-q2-updates-on-over-500-industry-forecasts-globally.
 

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Events & Professional Development​​

​​​​TXF Global 2026: Export, Agency & Project Finance. 9 - 11 June, Prague
Gather with 1,500 senior decision-makers shaping the future of export, project, and development finance, where global deal origination begins.Exile Group once again brings together our three key brands TXF (export

finance), Proximo (project finance) and Uxolo (development finance) for an unbeatable opportunity to network, collaborate and originate deals.

• Connect with the powerhouses of the industry: Step into this premier international gathering where over 1500 dealmakers from ECAs, DFIs, exporters, borrowers, developers, project sponsors, SOEs, government ministries, commercial banks, private insurers, law firms and institutional investors converge at the go-to event of the year!

• Unlock your origination potential: With just one trip, you'll be able to collaborate and originate deals with a wide range of stakeholders, and hold multiple meetings in one place for a jam-packed three days that will give you a fantastic return on your investment.

• Diversify your pipeline: With a global presence (over 65 countries in 2025), attendees will have the opportunity to learn from diverse perspectives, discover international best practices, and foster cross-border collaboration to enrich their own strategies and grow their business.

86% of past attendees confirmed they will do more business as a result of attending the conference, making the event a true catalyst for the markets we cover. This is the event of the year you cannot afford to miss. Secure your presence, view the agenda and find out more here: https://global2026.exilegroup.com/.

Exclusive 15% Discount for CIN Readers. Contact marketing@exilegroup.com and quoteCIN15 to apply for 15% off.

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TXF Credit & Distribution Day 2025. 12 June, Prague
We are delighted to bring an all-new Credit & Distribution day to Prague! This event will examine how underwriters, brokers and distribution and syndication bankers are reassessing risk, adapting to the latest regulatory change, and finding new ways to distribute capital efficiently.

Why Attend?

• Optimize capital structure, ensure regulatory compliance, and enable sustainable business growth

• Build a diversified risk portfolio, foster strong partnerships, and create cross- sell opportunities with banks, ECAs, DFIs, and corporates

• Access bespoke, high-quality risks to enhance portfolio diversification.

Unlock your potential. Don’t miss this opportunity to connect in-person with banks, ECAs, DFIs, corporates, insurers, brokers, asset managers and more for new business opportunities and lasting partnerships. Spaces are limited - to find out more and book your place visit: https://creditanddistribution.exilegroup.com/.
Exclusive 15% Discount for CIN Readers. Contact marketing@exilegroup.com and quote
CIN15 to apply for 15% off.

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SCHUMANN CONNECT. 16 June, Cavendish Venues, 1 America Square, London  5:00–9:00 pm
Join us for an exclusive industry event exploring how technology is reshaping the credit and surety insurance market. The event brings together industry leaders and innovators to discuss how digital solutions, data, and people enable sustainable transformation and growth.

Following the formal programme, we invite you to continue the conversation over networking and drinks, connecting with peers and industry experts in an informal setting.

Save your place and be part of a forward-looking discussion on technology, innovation, and change within the credit and surety insurance industry.

To register for the event, go to https://events.prof-schumann.com/registration-schumann-connect-2026.

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About this month's Sponsor: The International Credit Insurance & Surety Association (ICISA).

As the global voice of the trade credit insurance and surety industries, ICISA brings together the world's leading private insurers to strengthen trust in trade and investment and their reinsurers. Since its first meeting in 1926, ICISA has supported members in advancing technical excellence, product integrity, and economic resilience across borders.

This year marks ICISA's 100th anniversary, a significant milestone being celebrated through a series of special events, collaborative research initiatives, and industry engagements that highlight a century of supporting global trade and fostering innovation in risk management.

In 2024, ICISA members insured about EUR 3.5 trillion in trade receivables and guaranteed billions in construction and infrastructure, demonstrating the industry’s deepening market reach and impact. Through proactive advocacy and engagement with international regulatory bodies, ICISA successfully shapes policy debates on Solvency II, the use of products of our industry under Basel regulations, and the regulatory regimes of governments inside and outside of Europe.

These achievements directly benefit members by enhancing risk mitigation frameworks, opening new markets, and amplifying the voice of credit insurers and sureties on the global stage. In turn, this supports business continuity, trade expansion, and sustainable development in economies worldwide.

 

To celebrate this important milestone, on 2nd June a panel will be organised and broadcast live from the Annual General Meeting of members in Vienna, Shaping the Industry, Then and Now.