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Political Risk & Trade Credit

Political Risk & Trade Credit

With an African focused and experienced team of Underwriters, ASR provides coverage aimed at facilitating trade and investments for Financial Institutions, Traders and Exporters to name a few, transacting in Africa. Our mission is to provide the protection and confidence required to grow, develop and increase business with African counterparties.

Political Risk & Trade Credit Covers

Political Risk

Within our Political Risk offering, we can cover:

Arbitration Award Default including breach of contract, Import / Export Restriction
Contract Frustration – insure Arbitration Award Default including breach of contract, import/export restriction
Contract Frustration – insure against pre and post shipment risks and non-delivery, non-payment, license cancellation, import / export embargos, unfair and fair calling of advance payment and performance guarantees
Non-Payment of Sovereign Debt including Moratorium, Protracted Default
Confiscation, Expropriation, Nationalisation and Deprivation including goods in transit
Non-Honouring of Sovereign Guarantee & Obligation – contracts with sovereign entities & government-owned obligors including central governments, ministries and government agencies.
Transfer Restriction & Inconvertibility
War & Civil Risks

Tenors:

Maximum 7 Years

Credit Risk

Within our Credit Risk offering, we can cover:

Public & Private buyers
Insolvency
Non-Payment / Default
Structured Trade Credit – project finance, asset backed, reverse lending, borrowing base, secured pre export
Facultative Reinsurance

Tenors

Maximum 5 years