CHINA Export and Credit Insurance Corp has launched fast-track services to offer compensation to companies which bought policies that cover risks against the unrest in the Middle East.

The Beijing-based insurer, better known as Sinosure, is China's sole policy insurer. Its short-term export insurance coverage in the Middle East has topped US$4.48 billion while mid- and long-term export insurance coverage is US$2.94 billion. Overseas investment insurance coverage in the region totals US$550 million.