Search company, investor...

Predict your next investment

Corporation
FINANCE | Insurance

About IORC Export & Credit Insurance

IORC Export & Credit Insurance Corporation offers a range of products and services involving various classes of insurance, which have been designed and developed in collaboration with leading international insurance, reinsurance companies, and recognized banks.

Headquarters Location

Delaware,

United States

Want to inform investors similar to IORC Export & Credit Insurance about your company?

Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.

Latest IORC Export & Credit Insurance News

Royal Chartered Insurance to be acquired by IORC

Jan 12, 2021

Reinsurance News Royal Chartered Insurance has announced that it will be acquired by IORC Export & Credit Insurance Corporation. The insurer offers a range of products and services involving various classes of insurance, which have been designed and developed in collaboration with leading international insurance, reinsurance companies, and recognised banks. Royal Chartered Insurance works with local and sovereign governments, regulated utilities, and private-sector developers and operators, along with their bankers and advisors, to reduce the medium- and long-term funding cost of essential projects and services in countries with investment-grade sovereign ratings. Benjamin Eber, Business Director of Royal Chartered Insurance said: “IORC Export & Credit Insurance Corporation had been planning since 2019 to expand its activities outside the Indian Ocean Rim Countries without prejudice to its activities, and therefore the best solution was to acquire a company that has a presence such as Royal Chartered Insurance, which was established in 2015. “Until the end of 2020 Royal Chartered Insurance business was limited only to coordination between “financing entities” and “insurance, reinsurance companies and banks” in order to obtain financial coverage for their activities, but from January 2021, Royal Chartered Insurance will be a full-fledged insurance company capable of issuing insurance policies. “Our attorneys and legal advisors have already started to officially close the Royal Chartered Insurance and its offices in the United States of America in order to completely move to one of the Indian Ocean Rim Countries in January 2021.”

IORC Export & Credit Insurance Acquisitions

1 Acquisition

IORC Export & Credit Insurance acquired 1 company. Their latest acquisition was Royal Charted Insurance on January 12, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/12/2021

$99M

Acquired

1

Date

1/12/2021

Investment Stage

Companies

Valuation

$99M

Total Funding

Note

Acquired

Sources

1

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.