Study On Risk Management Of H Company Applying Export Credit Insurance

Export credit insurance is governments in order to promote the development of its foreign trade business,to ensure the safety of domestic export enterprises and the financing bank collect the insurance system,it has set for export enterprises to resolve and share in foreign trade,overseas investment and engineering contracting business such as commercial risk and political risk in the process of the damage,help the export enterprises or investors to avoid risk.Export credit insurance has a history of more than one hundred years in foreign countries.It has gradually become a regulatory means for governments to stabilize and stimulate their export business.In China,it has become a policy financial tool with non-profit.But because the export credit insurance in the 1980 s,the rise in our country,started late,has yet to widely use in home,so our country export enterprises how to make use of export credit insurance to risk management is a problem worthy of attention,so the author thinks that it is necessary to export credit insurance application in the enterprise risk management for further research.Thesis sorted out and analyzed relevant studies on export credit insurance at home and abroad,and on this basis,studied the effectiveness of H company’s internal use of export credit insurance to carry out risk management.Thesis uses a series of research methods,including case analysis,comparison,qualitative and quantitative analysis and correlation analysis,to analyze the operation and insurance situation of H Company,in order to explore the shortcomings of H Company in the process of risk management through export credit insurance and the reasons behind them.Through the analysis,it is found that H Company has many problems in risk identification,audit system,insurance coverage and many other aspects.Thesis believes that H Company should make corresponding adjustments from two aspects of improving internal management and selecting high-quality insurance institutions so as to make better use of export credit insurance for risk management.Through a series of analysis,the following conclusions are drawn: 1.Through correlation analysis,it is concluded that H company’s insurance depth is positively correlated with its export scale,and the higher the insurance depth is,the larger the export scale is.Ii.By comparing the relevant data before and after the insurance,it is concluded that H Company’s export country,settlement method and export products have changed for the better before and after the use of export credit insurance,which proves that the export credit insurance has a great promotion effect on its export business under the premise of risk protection.Iii.Through case analysis of claims settlement,financing,credit investigation and other aspects of H Company’s application of export credit insurance,thesis holds that export credit insurance plays an important role in risk compensation,market development and financing promotion for H Company.Four,H company found that when applying export credit insurance in risk management such as business link risk consciousness weak,insurance coverage is not complete,the problem such as audit is not rigorous,investigate its reason behind is mainly due to the business unit personnel quality is uneven,too credulous and old customers,internal risk management loophole,etc.5.Embedding export credit insurance into the risk management process of H Company can improve its risk control level and reduce risk loopholes caused by subjective intention.