Country trade data

• Export credit insurance provides compensation to the insured (seller) against the risk of loss due to non-receipt of part or all of payment from domestic buyers caused by political or commercial risk
• Export bill finance insurance provides protection to banks that provide financing to customers/debtors/sellers against the possible risk of not receiving part or all of repayments from buyers due to political or commercial risks
• Cover: Up to 85% for exporters

• Productive credit insurance: An insurance which offers protection to a bank/Non-Bank Financial Institution against its debtor’s default in payment/ failure to repay its credit facility or cash loan provided by such bank/Non-Bank Financial Institution
• Products include working capital credit insurance, investment/project financing insurance, government program, and bank credit insurance products
• Consumptive credit insurance: House ownership insurance, employee credit insurance, consumer credit insurance products
• Other insurance products include Sharia insurance products, marine cargo insurance, property insurance, oil and gas insurance, aviation insurance, engineering insurance, and hull and machinery insurance
• Suretyship products: Written agreement between the insurance company (Surety) and Principal to guarantee the interests of the project owner (Obligee), that the employee (Principal) will fulfill its obligations in accordance with the principal agreement (contract) made between the Principal and Obligee
• Bid bonds, performance bonds, advance payment bonds, excise bonds, payment bonds, maintenance bonds, balance of objection to appeal, guaranteed payment of remaining budget, work progress guarantee, and custom bond products