News Middle East05 Sep 2021

Saudi Arabia:ICIEC signs landmark facultative reinsurance pact with Eximbank

| 05 Sep 2021

Jeddah-headquartered Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the insurance arm of the Islamic Development Bank (IsDB) Group, and the Saudi Eximbank have signed two landmark facultative reinsurance agreements (FRAs) under which ICIEC would provide credit reinsurance cover to the Saudi export credit agency.

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