Political Risks & Trade Credit

In a politically fragile world, buying Political Risk and Trade Credit insurance is a positive way to protect commercial assets against government interference and instability, and to manage the risk of counterparty non-payment or non-performance of contractual obligations.

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We offer cover worldwide and on almost any type of asset. We will work with clients to create bespoke wordings, using our experience to offer policies which meet their unique requirements.

About the product

Our Political Risk and Trade Credit products safeguard our clients against:

Contract Frustration: covering non-performance of contractual obligations, including non-payment and non-honouring, by foreign state-owned and government entities
Trade Credit: covering non-performance of contractual obligations, including non-payment and non-honouring, by private entities
Confiscation, Expropriation, Nationalisation and Deprivation (CEND): protecting a client’s interests in a foreign country against local government interference, including Licence Cancellation and Embargo
Forced Abandonment
Lenders’ Interest
Currency Inconvertibility
Non-Repossession of Leased Aircraft
Marine Hull Mortgage Rights