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Trade Credit

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.

Coverage

Credit insurance which provides cover for non-payment by debtors therefore providing balance sheet protection.

Underwriting Appetite

  • 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.

Clients include:

  • corporate entities
  • commodity traders
  • financial institutions
  • global and regional insurance companies.

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