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20.03.2009

New products launched in connection with phase II of federal stabilisation measures

Swiss exporters are being hit hard in the current economic crisis. In response to this difficult eco-nomic situation, we are expanding our insurance offering in connection with phase II of the federal stabilisation measures so as to better enable Swiss exporters to accept export orders. A product upgrade and four new products are being planned. They are to be introduced in May 2009.

Product upgrade:
• Increase of private buyer risk coverage under supplier credit insurance from 85 to 95 percent.

New products:
• Working capital insurance
• Counter guarantee
• Refinancing guarantee
• Letter of credit confirmation insurance

See New products launched in connection with phase II of stabilisation measures for further information.

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