China Credit guarantee payment in the first compensation of enterprises

Launch special "claims green channel" China Credit guarantee payment in the first compensation of enterprises in Beijing March 22 (reporter Du Haitao, Shevit) China's export credit insurance company recently to China's Gezhouba Group company, China Building Materials group import and export company paid compensation 162 million yuan, 48.15 million yuan. This was the company's first policy payment for the contract project in Libya.　　Gezhouba Group to receive compensation for the project for the Libyan residential projects, the Chinese building materials to obtain compensation for the project is the 2010 implementation of the cement project. In recent years, the political situation in Libya continued to destabilize, resulting in huge loss of overseas interests of our export enterprises.　　In order to give full play to the policy of export credit insurance, China Insurance company recently launched a special "claims green channel." At present, China's underwriting in the Middle East, North Africa, the underwriting amount of about 8 billion U.S. dollars, underwriting the export business is mainly related to machinery, electronics, automobiles, as well as housing, telecommunications, cement plants and other overseas project contracting projects. As China's only policy export credit insurance Agency, China Credit Assurance said it will continue to closely follow the dynamic changes in the situation, timely to the insurance companies to provide risk early warning, take effective measures for enterprises to provide services and security.