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Second annual meeting of Aman Union

LCI participated in the second annual meeting of Aman Union, which was held in Istanbul o n the 4th and 5th of October 2011, under the aegis of the Turk Eximbank.

The meeting was attended by delegates representing 17 Export Credit Agencies (ECA) in addition to financial institutions, reinsurance, credit information and debt collection companies. They addressed several issues related to the underwriting methodology, domestic credit insurance, international standards in export credit insurance and investment insurance in Arab and Muslim countries.

Mr. Michael Mcphilmey, advisor to the Board of LCI, discussed one of the most important issues; insuring risks in post-conflict countries.

The reunion was concluded by the announcement of the third meeting of the Aman Union in Malaysia. The proposed agenda for that meeting will include bonds insurance and new credit insurance products.

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