Political risk and trade finance
Practical and cost effective insurance protection against political and trade finance risks.
The business world is growing more and more complex. Globalisation has opened up new markets for companies, commodity traders and financial institutions, while the growth of offshore outsourcing has increased the dependence on external suppliers and distributors. With these developments come new opportunities, challenges and risks.
The impact of actions by governments and other parties can present significant exposures to businesses, regardless of whether their assets are directly involved or not. It is important for businesses to be aware of the risks they face, and the range of options available to mitigate these risks.
You need a partner who has extensive experience and knowledge in this highly specialised area. A partner who takes the time to understand the unique requirements of their clients, delivering practical and cost effective insurance protection.
Our specialist capabilities
Our political risk and trade finance team offers a range of specialist services and can arrange insurance to protect:
- Assets and investments and/or the derived revenue streams
- Confiscation
- Currency inconvertibility
- Licence cancellation
- Non-honouring of letters of credit, bonds or government guarantees
- Repudiation of contract by government
- Contract performance
- Contract cancellation or frustration (including war and embargo)
- Currency exchange risks
- Malicious damage
- Terrorism
- War and political violence
- Trade finance
- Buyer default and/or insolvency
- Currency exchange risks
Who we work with
We handle business from a wide cross-section of the business community. Our policyholders range from global conglomerates to single trade specialists, banks, traders and the financial institutions that support them.
Where we operate
Worldwide.
