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Sovereign Risk Insurance (Sovereign) is one of the world’s leading underwriters of political risk insurance and reinsurance. Sovereign’s clients include many of the world’s largest banks, exporters, multinational corporations, export credit agencies and multilateral agencies. Sovereign is also a member of the Berne Union, the worldwide organization of national export credit and investment insurance agencies.
Sovereign is wholly-owned by and underwrites for ACE Bermuda Insurance Ltd. (“ACE Bermuda”). ACE Bermuda is the original insurance franchise of the ACE Group dating back to 1985. The ACE Group, headed by ACE Limited (NYSE: ACE), conducts its business on a worldwide basis with operating subsidiaries in more than 50 countries. With over $72 billion in assets, the ACE Group offers Sovereign’s clients tremendous financial strength, counterparty security and solid claims paying abilities.