News

Sovereign Announces Establishment of Dubai Office

Sovereign Risk Insurance ("Sovereign"), announced today that it has received approval in principle from the Dubai Financial Services Authority... HAMILTON, Bermuda - May 14, 2008: Sovereign Risk Insurance Ltd. (“Sovereign”), announced today that it has received approval in principle from the Dubai Financial Services Authority (DFSA) to establish a wholly-owned subsidiary in Dubai. Sovereign Risk…
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EKF and Sovereign Risk Announce Completion of First Joint Transaction

EKF and Sovereign Risk Announce Completion of First Joint Transaction Increased Support for Danish and Global Companies COPENHAGEN, Denmark/HAMILTON, Bermuda, June 6, 2006 – Eksport Kredit Fonden (“EKF”) and Sovereign Risk Insurance Ltd. (“Sovereign”) announced the completion of a political risk insurance contract supporting DKK100 million of exports to Ukraine. The transaction involves export of…
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Sovereign Announces Change in Ownership Structure

Sovereign Announces Change in Ownership Structure - XL to Exit Joint Venture; Sovereign to Become Wholly Owned by ACE HAMILTON, Bermuda, January 23, 2006: Sovereign Risk Insurance Ltd. (“Sovereign” or “the company”), a joint venture between ACE Bermuda Insurance Ltd. (“ACE”) and XL Insurance (Bermuda) Ltd (“XL”), announced that effective February 1, 2006, it is…
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Sovereign Voted “Best Political Risk Insurer in Trade Finance”

Sovereign voted "Best Political Risk Insurer in Trade Finance" in Global Trade Review Magazine Poll HAMILTON, Bermuda, November 29, 2004 - Sovereign Risk Insurance Ltd. (“Sovereign”) was voted “Best Political Risk Insurer in Trade Finance 2004” in a poll released last week by Global Trade Review (GTR). The poll was taken from the publication’s database…
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Sovereign Risk Announces Completion of a $200 Million Capital Markets Transaction in Turkey

Sovereign Risk Announces Completion of a $200 Million Capital Markets Transaction in Turkey Political Risk Insurance Assists Finans Bank A. Bond Issue in Achieving Ba1 Rating (Moody's) HAMILTON, Bermuda, October 18, 2004 - Sovereign Risk Insurance Ltd. (“Sovereign”) announced the issuance of an innovative political risk insurance policy assisting Finans Bank A._., Turkey’s fifth-largest privately…
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