I&G Admitted into International Credit Insurance and Surety Association

  2009 4.20 read num:1
China National Investment and Guaranty Co., Ltd was admitted as member of International Credit Insurance and Surety Association (ICISA, http://www.icisa.org) on 14 April 2009 and became the sole specialized surety institution from China in the family of ICISA.
The International Credit Insurance & Surety Association (ICISA) was founded in 1928 as the first credit insurance association, which till now has a history of more than 80 years. Surety companies have been joining since the 1950s allowing the association to grow into the leading international organization in the field of trade credit and surety bonds. Presently the association has 45 members from 26 countries of 5 continents. Most of the members are internationally renowned credit insurance, surety and reinsurance companies. ICISA’s credit insurance members account for over 95% of global market share. ICISA has been recognized as one the most prestigious credit insurance and surety bond associations.
Since the establishment of the association, ICISA has dedicated itself to playing a key role in the development of the industry. The object of the Association is to study questions relating to domestic and export credit insurance and surety, to allow members’ employees to acquire knowledge and exchange experience in the theory and practice of credit insurance and surety underwriting, and to facilitate the common action of members in order to develop their mutual relations, in the interest of their national and the international economy, in the interest of their insured and in their own interest.
I&G is already the member of Pan-american Surety Association, Surety and Fidelity Association of America and National Association of Insurance Commissioners of U.S.A. The admission of ICISA symbolizes a new step in expanding international communication platform and broadening international business cooperation channel and in the meantime represents the further enhancement of the international status of I&G and China’s surety industry.