Profile

Name
Incorporated Administrative Agency, Nippon Export and Investment Insurance (NEXI)
Date of Establishment
April 1, 2001
Acts
Act on General Rules for Incorporated Administrative Agency
Trade and Investment Insurance Act
Purpose
To efficiently and effectively conduct insurance business of covering risks which arise in foreign transactions and which are not covered by commercial insurance
Competent Minister
The Minister of Economy, Trade and Industry
Members of the Board
Kazuhiko Bando, Chairman and CEO
 
Keiji Wada, Vice Chairman
 
Fuminori Inagaki, Vice Chairman
 
Takeshi Oiwa, Corporate Auditor (FT)
Number of Employees
143 (As of April 1,2013)
Capital
JPY104.4 billion (100% state-owned)

Scope of Business

  1. To conduct trade and investment insurance business operations complying with the regulations of Chapter 3 of the Trade and Investment Insurance Act.
  2. To conduct business which is incidental to the business stated in 1.
  3. To underwrite reinsurance under the insurance obligations of international institutions, foreign governments, or international companies that conduct insurance business (including reinsurance) which indemnifies losses similar to the losses covered by trade and investment insurance.
  4. To entrust reinsurance for the insurance obligation of NEXI under the Trade and Investment Insurance Act to international institutions, foreign governments, or international companies that conduct insurance business (including reinsurance) which indemnifies losses similar to the losses covered by trade insurance as well as the reinsurance with the Government complying with the regulations of Chapter 4 of the Trade and Investment Insurance Act.