The state-run Korean surety bond and credit insurance provider is set to go public with shares around US$35 each, potentially reaching a market cap of US$2.72bn.
Swiss Re reports a rebound in the Asian trade credit insurance market, despite global penetration rates declining, with a surge of over 10% in demand post-Covid-19 disruptions.
The pilot scheme provides increased transparency and shared risk, enabling HKECIC to provide credit insurance to exporters trading with private enterprises in China.
