Agency

  • The Russian Agency for Export Credit and Investment Insurance (EXIAR) was established in late 2011 as Russia’s first ever export credit agency.

    Strategic areas of activity:

    • Insurance support for exports of Russian goods and services, providing assistance when entering new markets
    • The development of a modern export finance system, secured by the agency’s insurance coverage
    • Insurance support for Russian investments overseas
    • Support to export-oriented SMEs

Insurance support

  • The agency operates within a special legal framework regulating the procedure for export credit and investment insurance support. The agency’s insurance obligations are secured by a state guarantee of the Russian Federation of USD 10 billion, extended until 31 December 2032.

    The agency provides services to insure:

    • Export credits to cover against commercial and political risks
    • Russian investments overseas to cover against political risks (since 2013)

    For each insured trade transaction, the agency can cover up to 95% of losses arising from political risk and up to 90% of commercial risk.