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Insurance of Export Credits as a Tool Supporting International Trade
Abstract
The article presents the subject of risk in commercial transactions in the area of international trade. Its goal is to analyze the role, significance and place occupied by export credit insurance as a tool of supporting international trade. The author points at the significance of possibilities of using external financing in the companies’ activity, and identifies the problems encountered in this area and the ways of coping with them. The role of states and institutions in this process, with particular emphasis on export credit agencies, is also described. Taking into account the data on the premiums written, claims ratio, size of the market and volume of potential support, the author presents the changes in the credit insurance market and attempts at identifying reasons for change in the analyzed areas.
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DOI: http://dx.doi.org/10.17951/h.2016.50.4.49
Date of publication: 2017-02-20 17:31:15
Date of submission: 2016-07-26 12:20:12
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Copyright (c) 2017 Robert Antoni Dankiewicz
This work is licensed under a Creative Commons Attribution 4.0 International License.