Historic Timeline

1930s
 

1934: Berne Union founded by three private credit insurers from France, Italy, Spain, and the UK’s public sector representative.

UK Export Finance, ECGD at the time, is the only founding member that is still in existence under its original form

 

1934: First meeting held in Berne, Switzerland

(which is where the name Berne Union comes from)

 
1940s
 

1947: Berne Union welcomes its first non-European member, Export Development Canada (EDC)

1950s
 

Berne Union Secretariat established in Paris, France

 

1957: EPIC (now EFIC) Australia joins the Berne Union

 

1954 Berne Union statutes

Excerpt: “the present statutes approved by the General Assembly of 7th May 1954 will come into force as from that date. Each member will receive a copy”

 

1957: Berne Union welcomes first Asian member, Export Credit Guarantee Corporation of India (ECGC)

 

1957: The Berne Union hires its first Secretary General, Mr. Wladyslaw Houwalt

 
 

1958: Berne Union welcomes its first African member CGIC South Africa

1960s
 

Membership continues to expand

1970s
 

1970: The Berne Union’s mandate expands to include members who insure foreign investments; creation of the investment insurance committee (IIC)

 

1973: First Latin American member joins

(CASC, Argentina)

 

1974: The Berne Union has 32 members from 24 countries

 
1980s
 

1984: Berne Union celebrates its 50th anniversary;

Annual General Meeting (AGM) in Montreux, Switzerland

 

Berne Union members start to report business data

 

1989: Collapse of the Berlin wall which led to the creation of Eastern European export credit agencies

1990s
 

1992: Berne Union elects first Asian President, Mr. K. S. Foo (ECICS, Singapore)

 

1993: Foundation of the Prague Club with support from EBRD

The Prague Club aims to support new and maturing export credit agencies and insurers setting up and developing export credit and investment insurance schemes

 
 

1994: Berne Union elects first female President

(Soledad Abad, CESCE)

 

1994: First multi-lateral agency joins, Multilateral Investment Guarantee Agency (MIGA)

 
 

1999: The export credit members formed two committees focusing on short term (ST) and medium-long term (MLT), ECA only, export credit business

 

1999: First Prague Club member joins the Berne Union, Export Credit Insurance Corporation Joint Stock Company (KUKE), Poland

2000s
 

2001: American International Group (AIG) joins Berne Union

 

2004: Berne Union Value Statement created

 

2006: Berne Union Guiding Principles created

 

2008 – 2009: global financial crisis

 

2009: Berne Union celebrates its 75th anniversary;

Annual General Meeting (AGM) in Seoul, Korea

2010s
 

2013: Prague Club celebrates 20th anniversary in Prague

 

2014: Berne Union celebrates its 80th anniversary

 

2016: Berne Union and Prague Club formally integrate

The integration was confirmed at the 2016 Warsaw Spring Meeting, with the amended statutes adopted soon after

Today
 

2017: New Berne Union now represents 84 members from 73 countries worldwide