Santhosh, V (2025) EXPORT CREDIT INSURANCE IN STRENGTHENING TRADE. INTERNATIONAL CONFERENCE PROCEEDINGS ON INSURE TECH INNOVATIONS: IMPACT OF AI AND DIGITALIZATION ON GLOBAL TRADE INSURANCE. p. 36. ISSN 978-81-985657-0-9

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Abstract

Export credit insurance, commonly referred to as trade credit insurance, serves as a crucial
financial safeguard for businesses, protecting them against losses arising from buyer non
payment. This insurance covers both commercial risks, such as insolvency and payment
delays, as well as political risks, including government-imposed trade restrictions and
currency fluctuations. Export credit agencies (ECAs) play a significant role in supporting
exporters by providing financial assistance through credit facilities and guarantees. Various
insurance policies, including export credit and marine insurance, offer structured protection
for international trade. These policies encompass cargo, freight, voyage, and valued policies,
helping businesses manage financial risks and maintain stability. Although export credit
insurance enables access to additional working capital, policy limitations and exclusions
should be carefully considered. Marine insurance plays an essential role in global shipping,
offering protection against risks such as vessel hijacking, cargo loss, transportation mishaps,
and liabilities related to crew members. Time policies provide coverage for a specified
duration, while valued policies ensure pre-determined compensation for losses. Given the
complexities of trade and marine insurance, businesses are encouraged to seek expert advice
to secure comprehensive coverage. With the right protection in place, exporters can reduce
financial uncertainties and strengthen international trade operations.

Item Type: Article
Uncontrolled Keywords: Export credit insurance, financial risks, financial safeguard, international trade, Export credit agencies
Divisions: PSG College of Arts and Science > Department of Commerce
Depositing User: Dr. B Sivakumar
Date Deposited: 24 Feb 2026 09:42
Last Modified: 24 Feb 2026 09:42
URI: https://ir.psgcas.ac.in/id/eprint/2647

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