Page 30 - ECI PR REPORT - MAY 2025

5/28/25, 9:20 AM Home | Emirates News Agency
"This initiative represents one of the most comprehensive efforts to drive climate action and decarbonization in emerging
economies and least developed countries to date and builds on the UAE's long-standing commitment to international

cooperation and sustainable socio-economic development."
Furthermore, the report revealed that ECI offers coverage of up to AED500 million per risk, with 60 percent of that amount

ceded under a quota-share arrangement. This structure is backed by nine reinsurers rated 'A' and above, reaffirming ECI’s
robust reinsurance treaty.
The report also highlighted ECI’s commitment to supporting clients beyond credit insurance. This commitment was

demonstrated by the company’s effective handling of overdue payments, which resulted in the collection of AED 158 million
from overdue payments, achieving collection success rate of 77 percent. With this, the total debt collected by ECI since its

inception has risen to AED528 million, an 87 percent recovery success rate.
The report further detailed the composition of ECI’s portfolio, noting that 70 percent of its exposure lies in Short-Term Credit
Insurance (ST), which supports high-frequency trade cycles, particularly in manufacturing, ICT, and agri-exports. Medium

and Long-Term (MLT) commitments account for 17 percent of the portfolio, highlighting ECI’s growing involvement in
infrastructure, energy, and other capital-intensive sectors. The remaining 13 percent is dedicated to Political Risk Insurance

(PRI).
In terms of geographic distribution, the report identified Saudi Arabia as ECI’s largest export market within the Gulf and
wider MENA region, accounting for 7 percent of the company’s total exposure. ECI also provided notable coverage for

exports to Egypt, Oman, Qatar, and Bahrain, highlighting the strength of intra-regional trade. Beyond the Middle East, ECI
supported significant trade flows to leading Asian economies such as India and Singapore, while also facilitating UAE

exports to Europe - including the UK and EU - and America. Furthermore, ECI signed around 28 agreements with
government export credit agencies worldwide, including US EXIM, Korea Eximbank, Sinosure, BPI France, solidifying ECI’s
position as a trusted partner for international trade.

Finally, the report also outlined ECI’s plans to leverage the UAE’s Comprehensive Economic Partnership Agreements
(CEPAs) to further enhance trade and strengthen commercial relations. These efforts will be supported by ECI’s expanding

information database, which grants access to over 400 million corporates globally, empowering UAE-based exporters with
valuable insights and intelligence.

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