Export insurance definition

Export insurance means insurance made available by the authority to protect an exporter against a foreign buyer's failure to pay for goods or services for political or commercial reasons. The amount of the loss covered for each transaction and particular risks shall be determined by the authority.
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Export insurance means insurance made available by the export development authority to protect an exporter against a foreign buyer's failure to pay for goods or services for political or commercial reasons. The amount of the
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Examples of Export insurance in a sentence

  • Export insurance is provided by the African Trade Insurance Agency.

  • Export insurance and guarantees are available from several foreign insurers as well a local company ECICS Ltd, which was previously a subsidiary of Temasek Holdings.

  • According to the Regional Committee for Statistics industrial production has grown by 24 % during the first half of this year.

  • Apart of all activities it is important to stress that Export insurance and Factoring are the specific products which only IGA is offering to BiH companies.

  • In § 351.520, revise paragraph (a)(1) to read as follows:§ 351.520 Export insurance.

  • Export insurance mechanisms will be introduced with active engagement of the private sector for the full utilization of the export potential, which will enable the exporting companies to develop their production in new directions and gain exposure to new export markets.

  • They are discussed below.Direct Measures  Tax incentives Financial incentives Export insurance Indirect Measures  Surveys, missions, publicity, and other general promotion work Export promotion campaigns Export inspections Design promotion Tax Incentives The export promotion tax system was started in 1953 and it ended around 1964 due to the General Agreement on Tariffs and Trade (GATT) (present day WTO).

  • Export insurance for companies selling on credit, and for non-payment caused by political and/or commercial factors, is provided by ECICS Credit Insurance Limited, a subsidiary of the Export Credit Insurance Corporation of Singapore (ECICS) Holdings Limited (a subsidiary of Temasek Holdings, a Government holding company).

  • Export insurance gives exporter more confidence when signing contracts with foreign buyers, offering competitive deferred payment terms and insuring them for a number of commercial and political risks of non-payment from their foreign buyers.

  • Students admitted with an A Level or an International Baccalaureate (IB) background can receive credit for the following list of courses provided they obtained a grade of ‘C’ or higher on the International Baccalaureate (IB) or A Level exam.

Related to Export insurance

  • Insurance means (i) all insurance policies covering any or all of the Collateral (regardless of whether the Collateral Agent is the loss payee thereof) and (ii) any key man life insurance policies.

  • insurance business means one or more aspects of the business of selling, issuing or underwriting insurance or reinsurance.

  • long-term insurance business means the business of providing or undertaking to provide policy benefits under long-term policies, but does not include -

  • Surplus lines insurance means insurance in this State of risks located or to be performed in this State, permitted to be placed through a resident licensed broker with a nonadmitted insurer eligible to accept the insurance, other than reinsurance, wet marine and transportation insurance, insurance independently procured, and life and health insurance and annuities. Excess and stop‑loss insurance coverage upon group life, accident, and health insurance or upon a self‑insured’s life, accident, and health benefits program may be approved as surplus lines insurance.

  • Long-term care insurance means group insurance that is authorized by the retirement system for retirants, retirement allowance beneficiaries, and health insurance dependents, as that term is defined in section 91, to cover the costs of services provided to retirants, retirement allowance beneficiaries, and health insurance dependents, from nursing homes, assisted living facilities, home health care providers, adult day care providers, and other similar service providers.

  • Group long-term care insurance means a long-term care insurance policy which is delivered or issued for delivery in this State and issued to:

  • Firearm trade association means any person, corporation, unincorporated association, federation, business league, or business organization that: