Swiss Re Corporate Solutions
Swiss Re Corporate Solutions (SRCS) is one of three distinct legal entities of the Swiss Re Group. SRCS was established in 2010 to consolidate and delineate the Group's direct, corporate insurance activities, serving multi-national corporates and banks, focusing on large & mid-sized clients with annual revenues of USD 500+ million. Within SRCS, the Political Risk Insurance team , established in 2013, provides medium/long-term traditional political risk insurance and sovereign credit insurance, with underwriting capabilities in London, Zurich, New York, Singapore and Tokyo.
✓ Sovereign and Sub-Sovereign Non-Payment: Non-payment by sovereign and sub-sovereign borrowers and guarantors. Maximum line per project: USD 75m; maximum tenor: 15 years
✓ Investment Insurance: Protecting investors and lenders against specific political risks including: expropriation; political violence; currency inconvertibility and non-transferability; breach of contract through arbitration award default; and other risk coverages tailored to fit transaction requirements. Maximum line per project: USD 75m; maximum tenor: 15 years.
Founded: Swiss Re Corporate Solutions in 2010
Ownership: Swiss Re Group, founded in 1863