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Exporters Insurance

Exporters Insurance Company LTD. is an association of manufacturers, trading companies and financial institutions that have joined together to manage more effectively the credit and political risks they face in their global operations.  

Exporters and its parent company, EIC Corporation LTD., are domiciled in Bermuda and commenced operations in January 1990 with five members and $6,500,000 in capital.  Today, after ten years of solid underwriting experience, there are eighty-two members and $45,100,000 in capital.

It is the mission of Exporters to provide responsive and flexible credit and investment insurance programs and policies to its members , and to do so on a prudent and financially sound basis.  As a group captive insurance company, Exporters is a unique institution with the resources and spirit of innovation to serve its members well in the years ahead.

GAAP FINANCIAL HIGHLIGHTS  Duff & Phelps rating of A+

In US Dollars/$ in thousands 1999 1998 1997 1996 1995
Gross Written Premium $ 21,309 $ 17,393 $ 10,929  $6,713  $ 6,249
Net Premium Written 3,728 2,527 2,126 1,750 1,696
Premium Earned 2,228 2,058 1,854 1,341 1,567
Net Investment Income 2,476 4,310 1,813 1,343 1,181
Total Revenue 4,704 6,368 3,667 2,684 2,748
Provision for Losses (2,583) (1,094) (633) (301) (369)
Net Expenses (442) (668) (1074) (1039) (1104)
Net Income 1,679 4,607 1,960 1,344 1,275
Assets 98,966 81,652 58,440 40,729 31,261
Liabilities 53,840 37,106 22,522 11,801 7,423
Shareholders Equity $ 45,126 $ 44,545 $ 35,918 $ 28,928 $ 23,838

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P.O. Box 211837 - Augusta, Georgia 30917-1837
Telephone: (706) 210-4379
E-mail: info@exportinsurance.com

2016 Export Insurance Services, Inc. All Rights Reserved.