Private Sector Insurers

 

AIG Europe Limited

 

AIG Europe Limited

American International Group, Inc. (AIG) is a leading American multinational insurance corporation serving customers in more than 130 countries and jurisdictions.

Political Risk Insurance

Customers: Exporters, importers, contractors, project financers and companies with overseas risks, stock or equipment.

Features & Benefits: AIG can provide up to US$120 million for any one risk and durations of up to 15 years.

Cover :

  • Contract repudiation
  • Investment & projects risks
  • Non-repossession of leased assets
  • Cover for mobile assets
  • Wrongful calling on guarantees

To learn more about AIG Europe Limited, click here.

To learn more about products offered by AIG Europe Limited , click here.


 

 

HCC Credit Group logo

 

HCC Credit

HCC Credit Group is a market leader in trade credit and political risk insurance issued through three highly rated carriers: Houston Casualty Company, U.S. Specialty Insurance Company and HCC International, all subsidiaries of HCC Insurance Holdings, Inc.

HCC Credit Group offers a full range of short and medium term coverages, including single debtor, multi-debtor, bank coverages and political risk policies on a worldwide basis.

Lines of business include:

  • Confiscation, Expropriation, Nationalization Insurance
  • Contract Frustration Insurance
  • Currency Inconvertibility Insurance
  • Political Risk Insurance
  • Pre-export Credit Insurance
  • Trade Credit Insurance, Bank Structured Trade Finance
  • Trade Credit Insurance, Letter of Credit
  • Trade Credit Insurance, Medium Term
  • Trade Credit Insurance, Short Term
  • Wrongful Calling of Guarantee Insurance

International Credit and Political Risk

The credit insurance coverage HCC Credit Group writes has the following characteristics:

  • Non-cancellable limits
  • Excess of loss multi-debtor portfolio or ground up single debtor default protection
  • Focus on structured trade finance transactions for banks (pre-export finance facilities, reserve based lending transactions, revolving credit facilities, etc.)
  • Insurance of letters of credit for confirming banks on a facility or stand alone basis
  • Private debtor cover for non-payment or non-delivery risks tailored to traders’ needs

To learn more about HCC Credit, click here.

To learn more about products offered by HCC Credit, click here.

 

 

 

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