SINOSURE maintains steady business growth in H1

(Xinhua, Beijing, 19 July 2020) SINOSURE, China's only policy-oriented insurer specializing in export credit insurance reported steady business growth in the first half of this year despite the COVID-19 pandemic. The China Export & Credit Insurance Corporation had served over 126,000 clients, increasing 21.1 percent year on year in the first six months. During the January-June period, the company had underwritten over 324.6 billion U.S. dollars worth of insured businesses. Of the total, the insurer offered about 266.9 billion dollars of short-term export credit insurance and 176.5 billion dollars (about 25.2 billion dollars) of export credit insurance for domestic trade, up 5.2 percent and 20.1 percent year on year, respectively.