Credit & political risks
Credit & political risks
We specialise in arranging credit and political risk insurance for Lenders, Corporate clients and Agencies, with particular focus on payment risk, performance risk and political risk.
Our Lenders are typically Banks, or non-Bank Financial Institutions, with an interest in the syndicated loan market.
Our Corporate clients are typically Investors, Importers, Exporters and Commodity Traders, who are active in emerging markets.
Our Agency clients are multilateral and export credit agencies, and development financial institutions.
Our excellent relationships with highly rated, specialist underwriters across the market enables us to deliver well structured, cost effective, bespoke risk transfer solutions.
These provide the extra level of security needed when exporting, trading and making investments in challenging territories, as well as facilitating the efficient management of regulatory and risk capital for financial institutions.
Coverage includes:
Non Payment Insurance
Cover against losses arising due to non-payment by a counter-party or borrower under a trade contract or financing agreement. This product is typically made available to Lenders, Exporters, Commodity Traders and Agencies.
Performance Risk Insurance
Cover against losses arising due to the breach of a performance obligation under a trade contract, including non-delivery, by a counter-party. This product is typically made available to Importers, Exporters and Commodity Traders.
Political Risk Insurance
Cover against losses arising due to expropriation by a foreign government, war, political violence, currency inconvertibility and non-transfer. This product is relevant to all clients that are active in emerging markets.