(iStockAnalyst, Salem, Oregon, 16 September 2010) The China Export and Credit Insurance Corp., Sinosure, China’s only policy-oriented insurance company engaging in export credit insurance, said that the company had underwritten 126.93 billion US dollars of credit insurance and guarantee business by September 14, 1.1 times the performance for the entire year of 2009. Of the 126.93 billion US dollars, 110.19 billion US dollars went to export credit insurance, up 113.6 percent year on year; 4.45 billion US dollars went to investment and leasing insurance, up 43.4 percent year on year; 76.58 billion yuan went to credit insurance for domestic trade, up 29.3 percent; and 1.01 billion yuan went to new guarantee business, up 108.3 percent.
Date
4 September 2010
