The Israel Foreign Trade Risks Insurance Corporation
ASHRA (formerly IFTRIC) is a governmental corporation, established in October 1957 to promote Israeli exports and to protect the
exporters against political and commercial risks related to international activities.
ASHRA covers MLT credit risks and provides investment insurance. As the official export credit insurer, ASHRA covers non-marketable
risks. The company’s policies are backed by the full faith and credit of the Israeli government.
✓ Export credit insurance Medium and long-term (over one year) export credit insurance against political and commercial risks. Major insurance facilities: supplier’s and buyer’s credit coverage; credit lines; forfaiting and letters of credit insurance; bonds insurance.
✓ Investment insurance Cover offered: conversion/transfer risks; war and civil war risks; expropriation/confiscation risks; breach of contract by the host government.
Founded: 1957
Ownership: 100% state-owned
Joined Berne Union in: 1958