Sat, 5 Jul 2008

Single Buyer Insurance

Companies may need specific insurance cover for financial risks, including political risks arising in emerging markets.

Companies engaged in the import or export of goods or possessing investments abroad are interested in tailor made protection for all political and commercial risks to secure.

Banks or financial institutions require such a policy for the financing and pre-financing of trade related financial loans, bill discounting and letters of credit confirmation. Coface offers this type of cover through its Unistrat subsidiary under specially constructed contracts.