Who is eligible for Reinsurance?
Your company needs to be a customer with a private credit insurance company to register, through this company, for the scheme for reinsurance of export transactions.
To be eligible for a reinsurance agreement with EKF, your application for coverage must have been rejected, or you must have obtained partial coverage only, and your customer must be domiciled in a country covered by the agreement.
Under EU regulations, reinsurance in countries within the OECD is banned. EKF covers only the lowest-risk buyers who would otherwise have been turned down. EKF does not cover high-risk buyers.
What is the maximum reinsurance amount?
The upper limit for a buyer is DKK 50 million, but there is no limit on the total number of reinsurance policies or on an exporter’s total reinsurance amount.
Who decides what types of transaction are insurable?
The private credit insurance companies decide, at their discretion, which transactions to insure and which to turn down. EKF is not involved in this decision.