Thomas Cook collapse drives bad debt claims to record levels
Trade credit insurers received a record £271m in claims during the third quarter of 2019, driven by the demise of Thomas Cook, according to the Association of British Insurers
The record-breaking quarterly figure was considerably ahead of the £82m posted in Q2 2019 and nearly double the previous high of £137m in the first quarter of 2009.
The average bad debt claim paid by
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