| r |
Cover with restrictions e.g. maximum repayment terms, maximum transaction limit or bank securities required. |
| nc |
Currently there is no cover available. |
| OECD Cat. |
Minimum premium benchmarks are set by the OECD Country Risk Rating for the insurance of political risks of medium and long term export credits. These benchmarks are binding for all Export Credit Agencies of the OECD.
0 to 7 (0 ... low risk, 7 ... high risk) |
| DQ |
Percentage of cover for political risks (in %). |
Coverage in EU and several OECD countries
Cover is generally available for non-marketable risks.
How are marketable risks defined?
Commercial and political risks (except catastrohe risks) on debtors/guarantors established in the countries of the EU and the OECD-countries Australia, Canada, Iceland, Japan, New Zealand, Norway, Switzerland and the USA, if the risk period (that is manufacturing plus credit period) is less than two years.
All other risks are considered not to be marketable.
Private credit insurer provide coverage for marketable risks
Marketable risks can be insured at the private insurance market, e.g. OeKB Versicherung AG or Prisma Kreditversicherungs-AG that are part of OeKB Group.