Our product suite is designed to accommodate a variety of export/import trades, project and investment related business needs. Examples:

Are you exporting to a state owned buyer in an unfamiliar country?
Contract Frustration Insurance offers protection against the failure of the buyer to perform all or part of their obligations to the exporter, under the contract.

Are you buying directly from an overseas commodity producer?
Contract Frustration Insurance offers protection against the non-performance/non-delivery by the producer following acceptance by them of an advance payment.

Has your buyer offered a letter of credit from their bank as security for their payment obligations?
Non-Honouring of a letter of credit Insurance offers protection against the failure of the issuing bank to honour its payment obligations to the beneficiary.

Are you required to submit performance, or warranty, bonds or advance payment guarantees in support of your contract with your buyer?
Wrongful calling of Bonds and Guarantees Insurance offers protection against the unfair or wrongful calling of a bond or guarantee, by the beneficiary when they have no contractual right to do so under the terms and conditions of the underlying contract.

Are you considering overseas expansion or do you already have overseas fixed and/or mobile assets?
Political Risk Insurance offers protection against the actions of a foreign government that might expressly and permanently deprive you of all or part of your shareholding in the foreign enterprise or expressly and permanently deprive the foreign enterprise of all or part of its fixed and/or mobile assets.

Are you concerned about political violence or acts of terrorism delaying the commencement of operations in a foreign country, at the end of the construction phase?
Delayed Start up Political Risk Insurance offers protection against losses arising as a consequence of such actions.

Export/Import

Trade Risk working closely with the world’s leading insurance markets we are able to arrange and structure insurance policies for a diversity of trade risks, including but not limited to:

• Non-delivery, non-payment or contract cancellation by public buyers, suppliers or due to government intervention
• Non-payment arising out of exchange transfer and currency inconvertibility problems
• Import/Export embargoes or licence cancellation imposed by either the foreign or insured’s government
• War, or other force major events, causing default by the insured or a counterpart
• Calling of on-demand bonds and guarantees for unfair or political reasons. Discuss

Political Risk Insurance for your Export/Import trade or trade finance activities, with one of our specialists.

Investment Risk

Companies with ownership or equity interest in overseas fixed or mobile assets also benefit from our ability to obtain effective solutions against risks including, but not limited to:

• Confiscation, expropriation or nationalisation
• Deprivation preventing an Insured removing assets from the host country
• Wilful destruction by the foreign government
• Forced abandonment due to civil unrest
• Physical damage to the assets due to political violence
• Non-repossession
• Selective or discriminatory actions of a foreign government
• Cancellation of critical underlying operating contracts
• Forced divestiture under a government’s instructions
• Exchange transfer and currency inconvertibility problems

Discuss political risk insurance for your overseas investments and project finance business with one of our specialists.

Project Finance

For banks and other financial institutions, we have experience and expertise of arranging combined political and commercial risks cover for medium term tenors. Applications include:

• Trade related export finance
• Export secured finance
• Unsecured finance
• Project finance loans
• One-off specific or whole portfolio transactions

Discuss project finance political risk insurance with one of our team of specialists.

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