Political risk and trade credit
A truly global political risk and trade credit insurance practice.
We have a market-leading political risk and trade credit insurance practice comprising specialist lawyers in the main political risk and trade credit underwriting centres (London, Singapore, New York and Paris). We also have offices and associated firms in other key jurisdictions for the political risk and trade credit market such as Dubai, Russia, India, China, Thailand, Australia, Mexico, Brazil, Argentina and Colombia.
Our team is highly-experienced in advising insurers and reinsurers on the adjustment and defence of claims under all types of political risk and credit policies, including confiscation (CEND), contract frustration, unfair calling of bonds, political violence, trade disruption, structured credit and trade credit policies. We have handled claims involving investments into or trade with emerging markets all over the world, including in Africa, Latin America, the Middle East, Asia, the former Soviet Union and Eastern Europe.
We advise our clients on the pursuit of subrogated recoveries following the payment of claims, including advising insurers on litigation, arbitration, debt restructurings, insolvency proceedings and sales of debt.
In addition, we have substantial experience of advising political risk and trade credit insurers and reinsurers on compliance with international financial and trade sanctions, as well as anti-bribery and anti-money laundering legislation. We also regularly advise our clients on political risk and trade credit wordings.