Increasing MLT outward reinsurance from ECAs placed with the private market

21/05/2019
Member News

According to Berne Union data, MLT outward reinsurance from ECAs has increased by 10% over the past 5 years and, as of 2018 totals over USD 70bn, from a total exposure of around USD 700bn

An increasing amount of ECA exposure is being reinsured by the private insurance market, reflecting both the increasing capacity and appetite of private insurers, and increasingly common public-private cooperation in export credit.

While previously, the majority of ECA's outward reinsurance went to other ECAs, the situation flipped around 3 years ago and now the majority (57% / USD 40bn) is taken by private insurers/reinsurers or multilaterals (the other 43% / USD 30bn being ECA-ECA reinsurance).

Cooperative reinsurance agreements and placement of ECA risks in the private market are key talking points for the 2019 gathering of Berne Union reinsurance specialists in Pula, this week, hosted by HBOR.

A meeting summary will follow in a future newsletter publication.

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Upcoming meetings

20-24 Oct 2019

Hyderabad Annual General Meeting 2019

Hyderabad, India
The 2019 AGM will take place in October - hosted in Hyderabad by ECGC.
15-17 Apr 2020

Claims and Recoveries Specialist Meeting 2020

London, United Kingdom
The 2020 Claims and Recoveries Specialist Meeting will take place on 15-17, in London, UK, host...
11-14 May 2020

Spring Meeting 2020

Budapest, Hungary
The 2020 Spring Meeting will take place in October - hosted in Budapest by EXIM Hungary.