New fronting agreement opens up dynamic Chinese market

Credendo – Trade Credit Insurance has expanded its global fronting network, enabling local policy issuance in China through a partnership with Zking Property & Casualty Insurance, effective 14 October.

The new partnership introduces a robust short-term credit insurance solution tailored for the dynamic Chinese market and opens up significant opportunities, including for multinational clients with Chinese entities.

Fronting agreements

The fronting agreement allows Credendo – Trade Credit Insurance to manage all policy aspects while its local partner, Zking, issues the actual policy due to licensing restrictions.

“Already active in over 70 countries, Credendo sees China as a major opportunity as it looks to establish further fronting agreements across Asia and elsewhere”, noted Jean-Paul Steenbeke, Deputy General Manager of Credendo – Trade Credit Insurance.

The new agreement with Zking was signed on 14 October 2025 at its offices in Nanjing, China.