Political Risk Insurance and Structured Credit Solutions

HWS Specialty provides tailored political risk insurance and structured credit solutions. We work closely with you to evaluate global political and credit risks associated with trade and investments, allowing us to create bespoke insurance solutions that meet specific needs.

Our solutions support growth, protect cash flow, provide capital relief, reduce financing risk and costs, mitigate supply chain risk, and safeguard balance sheets from complex risks. We have the expertise to identify the right insurer or lead underwriter for your business and assist in prompt and efficient transactions. The HWS Specialty team’s extensive experience across various sectors has allowed us to develop terms of business agreements with all major political risk and structured credit insurers.

Insurance Cover For Political Risk and Structured Credit 

We offer a comprehensive range of coverage under political risk insurance and structured credit solutions, including:

• Political risk insurance: Protects against losses due to political events such as expropriation, nationalisation, confiscation, seizure, forced divestment, forced abandonment, import/export embargo, licence cancellation, non-honouring of arbitration awards by a sovereign, political violence, and currency inconvertibility.
• Protecting investors' equity in fixed assets against expropriation, nationalisation, confiscation, seizure, forced divestment, forced abandonment, import/export embargo, licence cancellation, non-honouring of arbitration awards by a sovereign, political violence, and currency inconvertibility.
• Protecting lenders by providing project finance secured against underlying assets, covering defaults due to political risks.
• Protecting mobile plant, machinery and stocks against expropriation, nationalisation, confiscation, seizure, import/export embargo, forced abandonment, and political violence.
• Protecting exporters' pre-shipment/tooling up/mobilisation costs: in the event of contract frustration due to political risks.
• Protecting exporters against non-payment: by parastatal, sub-sovereign, or sovereign entities, including non-honouring of guarantees.
• Protecting buyers against non-delivery: against pre-payments or under tolling or processing agreements due to political risks.
• Fair/unfair calling of guarantees/sureties/bonds: in circumstances where a contractor cannot continue due to political risks.
• Non-payment or non-honouring of guarantees: by sovereign, sub-sovereign, or parastatal entities.
• Reinsurance/co-insurance: with export credit agencies and multilateral agencies.
• Structured Credit Solutions provides coverage for trade credit risks, including non-payment by buyers and suppliers, and contract frustration.

Types of Clients

Our services cater to a diverse range of clients, including:

• Multinational Corporations: Seeking protection for their international investments and trade activities.
• Financial institutions
• Exporters and importers