Improving the Role of Eximbanks/ECAs in the OIC Member States

institution is also considered to play a significant political and economic development role in the

region due to its ownership, which includes a significant number of governments from the

region. DHAMAN partners with insurance companies such as Garant and African Trade

Insurance. It is also a member of Prague Club.

DHAMAN provides both guarantees and insurance products. Its guarantees protect Arab and

non-Arab investments in member countries against non-commercial risks such as

nationalization, civil disturbances and breach of contract, which may result in loss of

investments including capital and expected earnings. The insurance program covers both

commercial and non-commercial risks in the form of five products including:

Export credit insurance – Provided to Arab exporters to support expansion to both

Arab and non-Arab markets

ii.

Domestic credit insurance – Provided as a complement to an export credit insurance

policy

iii.

Factoring insurance – Provided to factoring companies and resulting in factor

transferring credit risk of account debtors to Dhaman,

iv.

Lease insurance – Provided to Arab companies that lease assets

Bank insurance – Provided to Arab banks to protect against risks associated with

importers, issuing banks and borrowers

DHAMAN is headquartered in Kuwait and has a regional office in Saudi Arabia.