Hong Kong’s export credit insurer is keeping premiums low and expanding support for small and medium-sized enterprises (SMEs), even as geopolitical tensions in the Middle East raise concerns about risks to global trade.
Unlike the typical trade credit insurance model – where insurers raise premiums when geopolitical risks increase – the Hong Kong Export Credit Insurance Corporation (HKECIC) said it had continued offering concessions to exporters to help them weather uncertainty.
“In the…
