Riyadh - Sharikat Mubasher: The Saudi EXIM Bank signed a cooperation agreement for reinsurance with the Swiss Export Credit Agency (SERV) to enhance the competitiveness of non-oil exports in the global markets, a recent statement revealed.

The bank also signed reinsurance treaties with a group of global reinsurers led by Swiss Re, one of the world’s largest reinsurers headquartered in Zurich.

These treaties target broadening global insurance operations in collaboration with the world’s largest reinsurers and providing insurance coverage to stimulate the growth of Saudi exporters in global markets.