Korea Trade Insurance Corporation
Korea Trade Insurance Corporation(K-SURE) was established in July 1992 as the official export credit agency of Korea pursuant to the Export Insurance Act of 1968 with the mission to support exports and thereby contribute to the national economy. Under the supervisory authority of the Ministry of Trade, Industry, and Energy, K-SURE protects Korean businesses in their export and overseas investment activities through export credit insurance, overseas investment insurance, credit guarantees and various other programmes and services.
✓ Export credit insurance: short-term(up to two years), medium- and long-term(over two years)
✓ Working capital guarantee
✓ Investment insurance: cover for transfer, war, expropriation, breach of contract
✓ Bond insurance: bid bond, AP bond, P bond, etc.
Founded: 1992
Ownership: 100% state-owned