
Trade Credit, Surety and Political Risk Reinsurance
色多多视频Reinsurance supports trade credit, surety bond and political risk insurers in their role as vital and stabilizing forces in global economic development. In this line of business we are a core reinsurer providing excellent service, flexibility and innovation to foster our clients鈥 growth.
Client Profiles
Reinsurance Type:
We provide proportional and non-proportional reinsurance both for treaty and facultative transactions. Our dedicated team offers strong expertise to structure and price tailor-made and flow deals.
Product Coverage:
- Credit: Short-Term Business. Protects Sellers against Insolvency, Protracted Default and unwillingness to pay from their Buyers.
- Whole Turnover: Most common form, covers all (or a pre-defined set) of the seller‘s short term receivables (usually 30-180 days payment terms)
- Excess of Loss: “peak risk cover” with very high annual aggregate deductibles
- Surety: Short-to-Medium Term Business. Various types of surety bonds exist but broadly can be grouped into two categories:
- Commercial Surety Bonds: i.e. customs and license bonds
- Contract Surety Bonds: i.e. construction performance bonds
- Political Risk: Medium-to-Long Term Business. Protects corporates from:
- CEND: Confiscation, Expropriation, Nationalization & Deprivation
- Contract Frustration
- Medium-Term Credit
Typical Ceding Company:
Our client portfolio is very well diversified in number and by geographical spread. Within this portfolio we have a mix of regional, national and multinational cedants. The client base comprises multiline insurers with dedicated departments, specialized monoliners, captives and export credit agencies.
Territorial coverage:
Our Zurich-based team has authority to underwrite on a worldwide basis.
Submissions:
Our book is written both through brokers and directly with clients.
Case Studies
Industry Memberships:
We are members of the following industry associations: