News

Sovereign Announces Financial Results for Sixth Year of Operations

Sovereign Announces Financial Results for Sixth Year of Operations

HAMILTON, Bermuda, August 25, 2003: Sovereign Risk Insurance Ltd. (Sovereign) today announced financial results for its sixth year of operations. For the fiscal year ending June 30, 2003, Sovereign underwrote 22 new political risk insurance policies. Sovereign’s gross written premium for the...
Read more

Sovereign Risk Signs Agreement with the ADB for Vietnamese Power Project

Sovereign Risk Signs Agreement with the ADB for Vietnamese Power Project - First Issued Under ADB Coguarantee Program

HAMILTON, Bermuda, December 17, 2002: Sovereign Risk Insurance Ltd. (Sovereign) announced the signing of a landmark political risk insurance agreement with the Asian Development Bank (ADB) for a project in Vietnam. Sovereign is...
Read more

Sovereign Risk Hires New Senior Underwriter

Sovereign Risk Hires New Senior Underwriter

HAMILTON, Bermuda, March 21, 2002 - Sovereign Risk Insurance Ltd. (Sovereign) has announced that effective April 2nd, David J. Bailey will join Sovereign as a Vice President and Senior Underwriting Officer. Mr. Bailey comes to Sovereign from a 23 year career at the Export Development Corporation...
Read more

Sovereign Launches Innovative New Product to Protect Against Maxi-Devaluation Risk

Sovereign Launches Innovative New Product to Protect Against Maxi-Devaluation Risk

Real Exchange Rate Liquidity (REX) product marks significant expansion of political risk insurance coverage for project finance transactions

HAMILTON, Bermuda, November 26, 2001 - Sovereign Risk Insurance Ltd. (“Sovereign”) has announced the launch of the Real Exchange Rate Liquidity (REX) product. The...
Read more