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

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

Industry Segments

  • Multilaterals
  • ECA’s
  • Financial Institutions
  • Trading Companies
  • Manufacturers
  • Service Providers
  • Distributors
  • Local Banks
  • Reinsurance Companies
  • Tenors: Up to seven years

Meet the Team

Amir Hussain

Senior Political Risk & Trade Credit Underwriter

Matthew Goodger

Political Risk & Trade Credit Underwriter

John Lott

Political Risk & Trade Credit Underwriter

Ashmeera Gooljar

Underwriting Assistant – Political Risk & Trade Credit

Jonathan Pascal

PRTC Underwriting Intern