Heightened geo-political tensions against a background of a fragile global economy mean that businesses are more focussed than ever on the loss potential posed by political and credit risks. Recent events involving the sudden collapse of companies have underlined the importance of having trade credit protection in place. It’s an equally uncertain environment for businesses and institutions investing abroad when political upheaval can suddenly undermine a market’s viability. It’s why so many businesses choose Chubb Global Markets for the broadest cover and advice, backed by global reach, right across the political risk and credit insurance spectrum.
Our political risk insurance is designed to provide the broadest cover for many of the losses that could result from government action, political unrest and economic turmoil. Cover responds to the most common perils, namely expropriation and discrimination by governments, political violence and forced abandonment, inability to import/export and inability to convert or to transfer currency.
Trade credit insurance with Chubb does more than just protect against non-payment; it supports business in securing finance, managing bad debt provisions whilst facilitating growth. Further, trade credit insurance from Chubb is a core component of our clients’ corporate governance.
Chubb Global Markets' regional capabilities, underpinned by in-house country risk analysts, make us the first choice for political risk and credit protection.