Expropriation

Currency Inconvertibility / Exchange Transfer

Political Violence

Sovereign and Sub-Sovereign Non-Payment

Unfair Calling of Bonds

Non-Reposession of Aircraft or Mobile Equipment

Other Customized Covers

For loans to (or guaranteed by) a host government, Non-Payment coverage protects against financial losses due to non-payment of amounts owed by the host government in respect of loans, sales or service contracts.

Non-Payment coverage can also be designed for certain sub-sovereign or parastatal corporations.

Sovereign and Sub-Sovereign Non-Payment coverage can be written for amounts up to $50 million per transaction, for tenors up to 10 years.