Articles & Video
CPRI in 2019: The Year of Resilience?
Between 2015 and 2018, credit and political risk insurance (CPRI) saw a 30% increase in both capacity and tenors. Figures for 2019, on the other hand, show more modest growth in overall CPRI capacity and a small decline in credit capacity. But as James Esdaile, Managing Director, BPL Global, explains, these headline numbers only tell half the story of where supply and demand for CPRI currently stand.
Financial Guarantees: The Berne Union Perspective
We sit down with Vinco David, Secretary General of the Berne Union, to discuss the issues facing his member. Are regulators giving insurance due credit? How will Brexit impact trade? What does the future hold for the Berne Union? Watch Dr. Simone Krummaker interview him and found out.
Credit & Political Risk Claims Payment Overview, 1997-2017
At the 20-year mark, Zurich’s Credit & Political Risk program has surpassed $934 million in paid claims to our business customers. While that sum attests to Zurich’s strength as a global market leader in this space, it does not suggest that the world has grown safer since our last claims update in 2015.
Does CPRI live up to its claims?
In insurance, the best evidence of product effectiveness is provided by claims history. In this respect, BPL Global has settled over 400 claims worth in excess of US$2.3 billion. Our claims statistics – tracing back to 1983 and covering hundreds of transactions – give us unrivalled historical data, demonstrating not only our claims handling ability but also the performance of the CPRI market in general.