Fast compensation
By Zhang Fengming |
March 10, 2011, Thursday
|
Print Edition
Print Edition
CHINA Export and Credit Insurance Corp has launched fast-track services to offer compensation to companies which bought policies that cover risks against the unrest in the Middle East.
The Beijing-based insurer, better known as Sinosure, is China's sole policy insurer. Its short-term export insurance coverage in the Middle East has topped US$4.48 billion while mid- and long-term export insurance coverage is US$2.94 billion. Overseas investment insurance coverage in the region totals US$550 million.
The Beijing-based insurer, better known as Sinosure, is China's sole policy insurer. Its short-term export insurance coverage in the Middle East has topped US$4.48 billion while mid- and long-term export insurance coverage is US$2.94 billion. Overseas investment insurance coverage in the region totals US$550 million.
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