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Political and trade credit risk

Political and trade credit risk

Clyde & Co is recognised as one of the world's leading firms in trade credit and political risks insurance. The seven partners who specialise in this field, together with the other lawyers in the team, advise the insurance market and export credit agencies on claims, recoveries and new business worth hundreds of millions of dollars. An important part of what the team does is product development and political and trade credit risk recoveries.

We act for many of the world's leading trade credit and political risk insurers in the UK, elsewhere in Europe, North America and Bermuda. Our cases involve jurisdictions across the world, often in very difficult and emerging markets, and often include matters of international law as well as insurance issues.

When retained by trade credit and political risk insurers, we work with their assureds in dealing with circumstances which might give rise to a claim. We assist both the insurers and the assured in recoveries where a claim has been paid, and advise insurers on coverage issues.

We continue to be involved in the ground-breaking Pertamina case which remains the largest ever recovery action involving the political risk market.