Credit Insurance
Our team of credit insurance industry veterans provide market-leading expertise to our (re)insurance partners, advising on solutions supporting international and domestic trade as well as the financing of assets and projects predominately within the Asia Pacific region.
Such credit insurance solutions are suitable for traders, lenders, contractors, export credit agencies and multilateral agencies. Our partners can offer policy periods up to 20 years and limits up to US$ 50m across a variety of coverages, including those described below.
Single Buyer Trade Credit
Covers non-payment by obligors (buyers) in open account sales, factoring, receivable purchase and/or discounting of key accounts and major orders.
Project Financing
Covers non-payment by project company obligors (borrowers) under limited recourse, senior-secured project finance loans.
Other Financing
Covers non-payment by privately owned obligors and their guarantors (if applicable) under revolving credit facilities, buyer credits, supplier credits, prepayments, documentary credits and loans financing the acquisition of companies, specific assets and general purposes.
Government Debt (“Contract Frustration”)
Covers non-payment by sovereign, sub-sovereign and state-owned enterprise obligors and their guarantors (if applicable) under buyer credits, term loans and other forms of financing, including local and hard currency bonds.
Pre And Post Shipment
Covers unilateral contract cancellation (if a state-owned obligor) or cancellation due to the obligor’s insolvency (if a private obligor), import/export licence cancellation, political violence, currency inconvertibility/non-transfer and non-payment.
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