KfW IPEX-Bank is a sought-after expert in the structuring of export financing. In an interview with VDI Nachrichten, Dr Nadja Marschhausen explains what the particular challenges of export credits are and why export credit insurance, e.g. from Euler Hermes, is often used.
"Credit insurance protects against non-payment for economic and political reasons in international business, especially in difficult and risky markets. This can be done with state export credit insurance (Hermes cover), private credit insurers or other insurance policies."