Tags Insurance Commercial Insurance

Animals & Plants Arts & Entertainment Auto Beauty & Health Books and Literature Business Electronics Engineering & Technology Food & Drink History Hobbies Jobs & Education Law & Government Math People & Society Science Social Studies Sports Travel & Places

0

Subjects>Beauty & Health>International Healthcare

Explain four risk that are covered by MECIB insurance scheme?

Updated: 9/11/2023

Wiki User

∙ 16y ago

Best Answer

MECIB stands for Malaysia Export Credit Insurance Berhad, which has been merged with the Exim Bank Malaysia to form MEXIM ( Malaysia Exim). This merger took place in Nov 2005. MECIB's activities includes export credit insurance, namely in 2 types of risks:- 1. Commercial Risks: Risks of Non-payment, Buyer Insolvency. 2. Economic & Political Risks: Trade with Overseas Buyers, for example, blockage of trade, cancellation of export license, war, etc. MECIB's functions is also to facilitate mobilization of funds for export purposes, and to encourage export trade.

Wiki User

∙ 16y ago

This answer is:

Add your answer:

Earn +20 pts

Q: Explain four risk that are covered by MECIB insurance scheme?

Write your answer...

Submit

Still have questions?

imp

Related questions

Functions and objectives of Malaysia export credit insurance berhad?

objective of MECIB is to promote Malaysia's exports and foreign investment by providing a variety of export credit insurance and financial guarantee. Functions; -Promoting Malaysia's exports by helping the exporters in minimizing non-payment risks. -Assisting exporters in obtaining financing form banks and other financial institution. -promoting active participants from the commercial banks and other financial institutions in export financing and the mobilization of funds for exporter purposes. -Nurturing Malaysian companies (mainly SMEs and now even to large conglomerates) involvement in exporting.

Trending Questions

What are average health insurance rates? Can you start an IV without an order? What type of services does Willis Global Insurance Broker provide? Does dental insurance cover work on peg lateral teeth? If a doctor give a patient a 20 percent discount do you have to file the discounted amount to insurance? Does Medicare pay for vasectomy reversals? If the US is such a Wealthy country why do you need to provide insurance for so many? Where is the largest hair salon in the world? You billed an insurance code d8090 for invisalign they paid a portion of it do you need to rebill them for the rest of the balance with a different code or will they automatically send payments? Does horizon Blue Cross Blue Shield of new jersey cover dtp vaccine? Why do you have higher life expectancy in developed countries? How many people in the world are poor? Can you share health insurance without being married in Idaho? What is the best online life insurance quote you have received? How many people in the US can't afford to have a consultation with their doctor? What are the main points of complaints policy in health care? What will happen if everyone got health insurance? Where does the US rank in Health care? What treatment options are available for IBS? What does the World Health Organization do?

Still have questions?

imp

Previously Viewed

Explain four risk that are covered by MECIB insurance scheme?

Resources

Top Categories

Product

Company

Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.