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China: Export insurance firm sees stable business expansion
(MENAFN)China's only policy-oriented insurer specializing in export credit insurance saw stable business expansion in the first five months of this year.
The China Export & Credit Insurance Corporation, or SINOSURE, served about 139,000 clients in the January-May period, growing 16.3 percent year on year.
Throughout the period, the firm underwrote about USD314.63 billion worth of insured businesses, it augmented 28 percent year on year.
SINOSURE is a state-funded and policy-oriented insurance firm that endorses China's foreign fiscal and trade development and collaboration. It was formally launched and put into operation in 2001, and its service network now covers the whole country.
The China Export & Credit Insurance Corporation, or SINOSURE, served about 139,000 clients in the January-May period, growing 16.3 percent year on year.
Throughout the period, the firm underwrote about USD314.63 billion worth of insured businesses, it augmented 28 percent year on year.
SINOSURE is a state-funded and policy-oriented insurance firm that endorses China's foreign fiscal and trade development and collaboration. It was formally launched and put into operation in 2001, and its service network now covers the whole country.
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