History of K-sure

- SMEs Plus+ Group Insurance is launched

- Project Finance International Magazine names K-sure“Global Multilateral of the year 2012”

- K-sure business volume records KRW 202 trillion

- K-sure wins Social Contribution Awards 2012”(voluntary sector) hosted by Chosun Biz
- Trade Finance Magazine names K-sure“2012 Best ECA Asia-Pacific”
- K-sure holds its 20th anniversary ceremony
- The Anti-Commission & Civil Rights Commission names K-sure to have one of the best transparency policy in Korea

- K-sure business volume records KRW 192 trillion

- Trade Finance Magazine names K-sure “2012 Best Asia ECA”n

- KEIC assumes the new name, K-sure, and 2020 New Vision proclaimed

- Tokyo Representative Office opens after having a representative previously

- Panama Representative Office opens
- The CS proclamation ceremony held to mark the beginning of a CS leading institution
- The Customer Center opens
- Export Supplier Cash Settlement Guarantee is launched
- Export Financing Facility is launched
- The“emergency export credit relief operation”plan is proclaimed

- Comprehensive Overseas Resource Development Insurance is launched

- Export Claim Insurance is launched
- Agro-Fisheries Export Package Insurance is launched
- Export Credit (Nego) Guarantee is launched
- Commodity Price Fluctuation Risk Insurance is launched
- SMEs Plus+ Insurance is launched
- Carbon Insurance Wrap is launched

- K-sure business volume records KRW 91.6 trillion

- The export insurance business records the high profit at KRW 113.4 billion (profit for four consecutive years)
- Cultural Contents Export Insurance is launched
- New Deli Representative Office opens

- Overseas Business Financing Insurance is launched

- Overseas Natural Resource Development Fund is launched
- Jeju representative is dispatched
- New York Representative Office opens

- Northern Gyeonggi Branch opens

- The program to support and develop overseas investment insurance is adopted
- Knowledge Service Export Insurance is launched
- Gangwon Branch opens
- The ST insurance e-trade program is launched
- The FX Risk Consulting Center opens

- Export insurance business volume records KRW 6.27 trillion

- The business profit peaked at KRW 13.8 billion
- Shanghai Representative Office opens
- Hochiminh Representative Office opens
- The credit investigation business license is secured
- The overseas debt collection business starts

- The Export Insurance Act is revised

- The head office building relocates
- Reliability Insurance is launched
- Gyeongnam Branch opens

- Gyeonggi Branch opens

- Chungbuk Branch opens

- FX Risk Insurance is launched

- The Export Insurance Act is revised
- Ulsan Branch opens

- Seoul, Guro, and Jeonbuk Branches open

- The export credit insurance business volume tops KRW 28.2 trillion
- Organization restructuring and performance evaluation are pursued for corporation-wide innovation
- Export credit guarantee granted for export receivables for 30 partner businesses
- Special support is granted to support the collection of export receivables via export credit guarantee
- The FX-denominated policy is adopted for export bond insurance

- The Export Insurance Fund is increased to KRW 506.6 billion

- The export insurance business volume exceeds KRW 15 trillion

- The Export Insurance Fund is increased to KRW 352 billion

- KEIC joins the OECD Export Credit Group (ECG) and Group of Participants (GOP)

- The Export Insurance Fund is increased to KRW 241.7 billion

- The export insurance business volume exceeds KRW 1 trillion
- Incheon Branch opens

- The Export Insurance Fund is increased to KRW 159.3 billion

- The export insurance business volume exceeds KRW 4.5 trillion
- Sao Paulo Representative Office opens
- ST export credit insurance, Agro-fisheries Insurance, and Market development insurance launch
- Gwangju Branch opens
- The Export Insurance Act is revised
- Daegu Branch opens

- The Export Insurance Fund is increased to KRW 104.3 billion

- The export credit business volume exceeds KRW 3 trillion
- Beijing Representative Office opens

- The Export Credit Guarantee scheme is adopted

- Los Angeles Representative Office opens
- Busan Branch opens
- Korea Export Insurance Corporation (KEIC) is established

- The Export Insurance Fund is increased to KRW 53.6 billion
- KRW 5 billion as a special contribution is added to the Export Insurance Fund

- The export receivables insurance blanket coverage program is adopted

- The Export Credit Information Center opens

- The Export Insurance Act is revised to secure the foundation for the establishment of Korea Export Insurance Corporation (KEIC)

- The Export Insurance Fund is increased to KRW 12.6 billion

- The blanket coverage program for MLT progressive payment basis transactions is adopted
- The blanket coverage program for export bond insurance is adopted

- The guidance authority of the export credit business is transferred from the Ministry of Commerce and Industry (current MOTIE) to the Ministry of Finance

- Korea Exim Bank is consigned to operate the export credit business

- Korean Reinsurance Company is consigned to operate the export credit business for the first time and secures a contribution of KRW 200 million for the Export Insurance Fund

- The Export Insurance Act is adopted and proclaimed