Meet our skilled and experienced team.
Each member of Sovereign's team was specifically recruited for their experience as well as their complementary technical, language and interpersonal skills.
Effective risk transfer.
Sovereign's political risk and sovereign credit insurance protects lenders against the risk of missed scheduled payments and investors against losses in equity.
Find out more about our claims history.
Since its formation in 1997, Sovereign has paid over $125 million in claims
Welcome to Sovereign
Sovereign Risk Insurance Ltd. (Sovereign) is one of the world’s leading underwriters of political risk and sovereign credit insurance. Sovereign’s clients include many of the world’s largest banks, exporters, multinational corporations, export credit agencies, multilateral agencies and private equity investors.
Sovereign has underwritten more than 1,500 policies and has a global portfolio that is spread over more than 100 emerging and frontier markets. Sovereign is widely recognized within the international insurance, private equity and export/project finance communities as a sophisticated and reliable risk-sharing partner. Sovereign is also a member of the Berne Union, the worldwide organization of national export credit and investment insurance agencies.
While we are proud of our AA rating and financial accomplishments, we also recognize that in the political risk insurance market, performance is measured not only by statistics and ratios, but also by relationships and reputation. Building trust and demonstrating integrity are essential elements of success and we are proud to be known as a market leader in that regard.
Sovereign is wholly-owned by and underwrites for Chubb Bermuda Insurance Ltd. (“Chubb Bermuda”), which is AA rated by S&P. Chubb Bermuda (formerly ACE Bermuda) is a wholly owned subsidiary of Chubb Limited (“Chubb”), the world’s largest publicly traded property and casualty insurer.
With $187 billion in assets, $40 billion of gross written premiums and net loss reserves of $52 billion (2019 figures), Chubb offers its clients unparalleled financial strength and counterparty security. Chubb’s is rated AA by Standard & Poor’s.
Chubb Bermuda’s parent company, Chubb, is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. The Chubb Group maintains executive offices in Zurich, New York, London and other locations, and employs approximately 30,000 people worldwide.