Spanish Export Credit Agency, CESCE

The Spanish Export Credit Agency (CESCE) is a commercial risk management company. The majority of CESCE is owned by the Spanish government and prominent Spanish banks and insurance companies. CESCE provides coverage of political risks deriving from investments abroad with the aim of supporting the internationalization of Spanish enterprises.

CESCE’s Foreign Investment Insurance provides risk coverage to banks that granted loans to foreign subsidiaries of Spanish companies. This insurance policy protects the banks against the risk of borrower´s default due to political events abroad.

CESCE offers coverage to projects that have any “society or permanent establishment set in Spain or Portugal, or through C.I.A.C. (Consorcio Internacional de Aseguradores de Crédito) and CESCE Group companies in Colombia, Venezuela, Peru, Brazil, Argentina and Mexico (through CESCEMEX).”

CESCE offers its products on a case-by-case basis, evaluating the risks in each project environment.

• Size of coverage: maximum coverage is 99 per cent.

http://inglaterra.cesce.es/poliza-seguro-inversiones-exterior