Short-term operations:

The cost of a specific policy will depend on the following:

• The country in which the exporter is planning on selling its products;
• Total volume to be exported per country;
• Type of product to be exported (each product has its own probability for a claim, on a global level);
• Characteristics of the importing entity;
• The occurrence of any previous looses incurred by the exporter;

This information is all taken into account in our pricing model and we can then decide on the minimum premium and the premium rate for the policy.