May 13, 2020 / 6:08 AM / 23 days ago

BRIEF-UK to guarantee business-to-business transactions

May 13 (Reuters) -

* UK GOVERNMENT WILL TEMPORARILY GUARANTEE BUSINESS-TO-BUSINESS TRANSACTIONS CURRENTLY SUPPORTED BY TRADE CREDIT INSURANCE,

* GUARANTEE WILL BE DELIVERED THROUGH A TEMPORARY REINSURANCE AGREEMENT TO BE AGREED WITH INSURERS CURRENTLY OPERATING IN MARKET. Source text for Eikon: Further company coverage: [ ] (Reporting By Huw Jones)

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