Subsidiarity is a statutory prohibition on replacing private-sector providers. In other words, SERV does not insure any risks if there is an adequate market supply of insurance for them (art. 6 (1) d SERVG).
Technical terms
The glossary contains precise explanations of key terms – from the Arrangement on Officially Supported Export Credits and del credere risk through to working capital insurance.
Use the alphabetically sorted list or the search function to search for specific terms.
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Subsidiarity