Export Credit Insurance

This is a reinsurance facility for the benefit of Dutch export of capital goods and services abroad.

When exporting capital goods or carrying out construction projects abroad, extended terms of payment and performance are a general rule. This particularly concerns transactions where a buyer or a client is resident in an economical or political less stable country.

Reinsurance of risks by the Dutch State, evolving from individual export transactions with buyers in emerging markets, is organized under the Export Credit Insurance Facility. On behalf of the Dutch government, the following transactions are insured by Atradius:

• All single transactions on lower-income emerging markets with a maximum liability of more than EUR 5 million, of which the risk duration is more than 24 months (with a credit term of more than twelve months), or where the maximum liability per buyer under single transaction policies is more than EUR 11.5 million.
• All single transactions on strong emerging markets of which the maximum liability is more than EUR 50 million or of which the risk duration is longer than 36 months (with a credit term of more than 24 months).
• All single transactions on the EU countries, as well as the large and strong economies, of which the maximum liability is more than EUR 250 million or of which the risk duration is longer than 60 months (with a credit term of more than 36 months).

In line with the Dutch government policy to stimulate Corporate Social Responsibility (CSR), some specific aspects of CSR will be taken into consideration when assessing of an export credit insurance application. In view of this you have to state, among other things, to have taken note of the OECD guidelines for multinational enterprises and that you will make a best effort to adopt these guidelines into your organization.