Credit and Political Risk

The Credit and Political Risk team offers a market-leading range of product capabilities with limits and tenors that are among the largest in the industry.

These capabilities, coupled with the financial strength of Everest and an experienced team that empowers us to execute quickly, allow our team to meet the coverage needs of our broker, bank, corporate and public agency partners.

• Our Offering

  We provide a breadth of Credit Insurance and Political Risk insurance coverages:

   

  Credit Insurance coverages

  • Tenors up to 7 years
  • Trade receivables
  • Pre-export finance
  • Confirmation of Letters of Credit
  • Buyer non-payment or non-performance
  • Bank-to-bank loans
  • Buyer finance
  • Working capital financing
  • Non-trade structures
  • Project finance (non-payment by an SPV)

   

  Credit Insurance capacity 

  • Limits up to $50 million

   

  Political Risk coverages

  • Tenors up to 15 years
    
    
  • Contract frustration/ sovereign non-honoring 
    • Including sub-sovereign and state-owned enterprises
      
      

  • Equity/ lenders political risk
    • Expropriation
    • Political violence
    • Currency inconvertibility
    • Arbitration award default
    • Denial of Justice
    • Business interruption
    • Forced abandonment
    • Selected discrimination
    • Forced divestiture

   

  Political Risk Capacity

  • Limits up to $150 million

   

Key contact

Jonathan Goh
Head of Credit and Political Risk, APAC

• Jonathan.Goh@everestglobal.com