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Export Credit Insurance
Capital goods export transactions and overseas construction projects usually require relatively long delivery or construction periods and extended terms of payment.
The Dutch State Export Credit Insurance Facility provides insurance for risks related to export transactions with buyers in emerging markets.
On behalf of and for the account of the Dutch State, Atradius issues credit insurance policies for:
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single export transactions with lower-income emerging markets, if the maximum indemnity under the insurance policy is higher than € 5 mln, or the total risk period is longer than 24 months (whereby the repayment period is longer than 12 months), or the total exposure for all single-transaction policies with a particular debtor is higher than €11.5 mln.
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single export transactions with emerging markets, if the maximum indemnity under the insurance policy is higher than € 50 mln, or the total risk period is longer than 36 months (whereby the repayment period is longer than 24 months).
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single export transactions with “older” European Union countries, as well as large, strong economies, if the maximum indemnity under the insurance policy is higher than € 100 mln, or the total risk period is longer than 36 months (wehreby the repayment period is longer than 24 months).
In accordance with Dutch government policy to promote corporate social responsibility (CSR), Atradius will take specific CSR aspects into account when assessing an application for export credit insurance. An exporter must declare that he has taken note of the OECD guidelines for multi-national enterprises and will use best efforts to adopt them.