Protects investors, lenders and contractors against political risks that may occur in Arab countries hosting their investments or projects
Protects exporters against the risk of default of payment of an importer/a local buyer/a payment obligor due to credit or political risk occurrence
Protects Financial Institutions’ project/trade finance transactions with Arab countries against credit and political risks
Offering additional underwriting capacities to Export Credit Agencies and insurance companies by re-insuring or co-insuring credit and political risks
The policy covers revolving export credits granted to multiple importers from several countries for a period not exceeding 360 days. Both credit and political risks are insured for export transactions. As a complementary service to the insured exporters, Dhaman insures the risks of default of payment of local buyers where only credit risks are covered. The policy period is one year, automatically renewable.
Dhaman compensates the insured exporter against realized risks up to 90% of incurred loss.
The exporter submits the identification form to enable Dhaman prepare the IQ
Dhaman provides the exporter with an insurance indication detailing the scope of cover and the pricing
Acceptance of quotation /policy signature/premium payment
Declaration of shipments to approved buyers on a monthly basis
Declaration of default of payment/Compensation disbursement/Collection from the defaulting obligor
Nabil Bitar Operations Officer