2023 Silver Partners
Sovereign Risk Insurance
Sovereign Risk Insurance (Sovereign) is one of the world’s leading providers of sovereign credit and political risk insurance for banks, exporters, multinational corporations, export credit agencies, development finance institutions, and private equity investors. Credit protection on loans to emerging markets from an AA rated insurer allows banks to obtain favorable provisioning treatment under Basle II/III and enables banks to reduce their risk-weighted assets. Since its formation in 1997, Sovereign has underwritten more than 1,600 policies, developed a global portfolio that is spread across 100 emerging markets, and has paid over $280 million in claims. Sovereign is a wholly-owned subsidiary of Chubb, the world’s largest publicly traded property and casualty insurance company. Chubb is listed on the New York Stock Exchange (NYSE:CB) and is a component of the S&P 500 index. For further information please go to: www.sovereignbermuda.com.