Political Risk
Our products are a significant enabler for exports, imports and international projects. Without insurance for political risks much international trade and investment wouldn't take place. We cover our clients against non-payment, non-delivery, confiscation, expropriation, nationalisation or deprivation of their overseas assets.
Our focus is on the full spectrum of assureds throughout the value chain including, but not limited to, banks, traders, ship-owners, manufacturers, the service industry, the oil industry and both importers and exporters.
Key Territories: Worldwide excluding North Korea, Iran, Cuba and Syria.
We cover
- Confiscation, expropriation, nationalisation and deprivation
- Selective discrimination
- Forced abandonment
- Licence cancellation
- Fair/unfair calling of bonds
- Non-payment
- Non-delivery
Line size / policy period
Political Risk:
Our maximum line size is USD60m and our maximum policy period is seven years.
Contract Frustration and Trade Credit:
Our maximum line size is USD40m and our maximum policy period is five years.
GET IN TOUCH
Peter Merton
Departmental Head of Specialty
London
Edward Parker
Divisional Head of Special Risks
political risk; political violence & terrorism; trade disruption, surety
London
Charlotte Pritchard
Underwriter
political risk, political violence & terrorism, trade disruption
London
Edmund Lee
Trade Credit and Political Risks Underwriter
Singapore
Hugh Selka
Underwriter
political risk; political violence & terrorism; trade disruption
London
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18 October 2021
London, 19 October 2021: Tokio Marine Kiln (“TMK”), the leading specialist international insurer, has appointed David Slevin as Departmental Head of Aviation as it focuses on expanding its presence in the Aviation sector.
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By Brad Irick, Chief Executive Officer
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TMK is very proud to be celebrating Black History Month with a fantastic programme of events from our ethnicity network to help us learn and recognise the achievements of those who have all too often been overlooked, and provide an opportunity for learning.
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17 September 2021
We strive to be at the forefront of innovation, so we are delighted to see this recognised after being awarded