Catlin has been a leader for Credit insurance products for many years, working alongside the Political Risk team. The worldwide team comprises a number of expert underwriters based in London, Bermuda and Singapore.
Credit insurance which provides cover for non-payment by debtors therefore providing balance sheet protection.
- Non-payment by corporate entities
- non-repayment of an advance payment following non-delivery of goods
- non-honouring of parental guarantee
- non-honouring of a letter of credit
- non-honouring of arbitration award following unfair calling of a bond
- political risks resulting in any of the above.
- corporate entities
- commodity traders
- financial institutions
- global and regional insurance companies.