An employee explains a machine part on a table to two colleagues

Cooperations

International relations with credit insurers of other countries

Reinsurance and joint insurance agreements

The different multi- and bilateral agreements on the inclusion of foreign content in business transactions meet the growing need of exporters to cooperate across borders. The following table shows the relevant cooperation agreements concluded for this purpose with other official ECAs.

CountryJoint insurance agreement under EU regulations* (J) 
and under bilateral agreement (J*)
Reinsurance agreement on a bilateral basis (R)
 
Cooperation agreement (C)
 
Armenia

 

 

C

Australia

 

R

 

Austria

J

R

 
Belgium

J

R

 
Belarus  

C

Brasil  

C

Bulgaria

J

  
Canada 

R

 
Chechia

J

R

 
China 

R

 
Croatia

J

  
Cyprus

J

  
Denmark

J

 R

 
Estonia

J

  
Finland

J

R

 
France

J

R

 
Greece

J

  
Hungary

J

  
India  

C

Iran  

C

Israel 

R

 
Italy

J

R

 
Japan 

R

C

Kazakhstan  

C

Kuwait  

C

Latvia

J

  
Luxembourg

J

R

 
Malta

J

  
Mexico 

 

C

Netherlands

J*

R

 
Norway

J*

R

 
Poland

J

R

 
Portugal

J

R

 

Romania

J

 

C

Russia 

R

C

Slowakia

J

R

 
Slowenia

J

R

 
Spain

J

R

 
South Korea 

R

C

Sweden

J

R

 
Switzerland

J*

R

 
T├╝rkije

J*

  
United Kingdom

J

R

 
United States 

R

 

Multinational institutions

InstitutionsJoint insurance agreement 
under EU regulations* (J) 
and under bilateral agreement (J*)
Reinsurance agreement on 
a bilateral basis (R)
Cooperation agreement (C)
Afreximbank      

C

ATI 

 

C

ICIEC 

R

 

*If the risk of non-payment is passed on to the foreign supplier, the Federal Government can request the so-called co-insurance to obtain a kind of parallel cover from the competent foreign ECA.

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Jennifer Loewen
OECD Consensus, Reinsurance, International Relations