Political Risk
Catlin is a market leader for political risk insurance, with an expert team of underwriters based in London.
We also have dedicated underwriters in London, Bermuda, Germany and Singapore.
Political risk perils are highly unpredictable and can have a catastrophic impact upon a corporation’s assets. We have the ability and appetite to cover a broad spectrum of political risk perils including a corporation’s investment in a new or existing project, bank loans to new and existing borrowers, traders’ credit receivables and a company’s leased assets.
Underwriting appetite
- Corporations and traders with overseas investments
- equity
- financial institutions
- specific projects
- traders, exporters and corporations that have a repayment obligation from the sovereign or state owned enterprise
- exporters and contractors who have mobile equipment
- multilaterals and export credit agencies.
Coverage
- Expropriation, nationalisation and confiscation
- currency inconvertibility and non transfer
- political violence
- non-repossession of aircraft and mobile equipment
- pre-shipment risks
- non-payment of sovereign and sub sovereign debt obligations.
Clients
- Contractors
- aircraft financing and leasing companies
- exporters
- traders
- banks
- corporations with investments overseas.