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Journal article · Shaping the Future of Trade

Reinsuring export credit agencies: what drives demand?

What makes public export credit agencies buy private reinsurance, and what does that mean for how they are set up and governed?

Simone Krummaker and Andreas Klasen · Journal of World Trade 59(3), 343–372 · 2025

Abstract

The study examines what drives demand for private reinsurance among export credit agencies and export-import banks. It finds strong links between reinsurance demand and the intervention principle, full faith and credit, managerial discretion, risk-transfer services and business diversification, while the role of regulation and financial strength is less clear. The authors develop a framework of contextual factors and draw recommendations for policymakers, public financial institutions and private market actors.

Read the journal article at Journal of World Trade

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