Our Customers
Target business
- Commercial and investment banks
- Export credit agencies
- Multilateral organizations
Overview
AXIS Capital Risk Insurance primarily focuses on loan non-payment coverage of project finance, aircraft finance and structured credit. We're a member of the Aircraft Finance Insurance Consortium, which provides a unique non-payment insurance product designed for banks and investors who fund the purchase of new Boeing commercial aircraft. Members of our highly experienced global team can be found in London, Singapore and Bermuda, with specialists in underwriting/distribution, portfolio management and legal. We offer highly customized credit and risk transfer solutions via non-payment insurance and unfunded risk participation agreements (RPA).
This alternative risk-sharing distribution goes beyond traditional bank/investor syndication markets to allow counterparties to increase deal participation and transaction relevance. BaseI III compliant comprehensive credit protection provides capital relief for counterparties, helping to improve their return on risk-weighted assets. Our offerings also provide an exact hedge for an illiquid obligor or a highly structured product; our insurance contract/RPA references the loan and its exact exposure, leaving no basis risk. This mitigates sector, obligor or country concentration limits.
Highly customized credit and risk transfer solutions
Aircraft Finance Insurance Consortium member
Flexible, non-cancellable tenors up to 15 years or more
SOLUTIONS
Tailored coverage for a variety of risk exposures
Circumstances in a borrower's company or country can change. AXIS Non-payment Insurance is designed to protect against the loss of risk capital. Owing to credit and underwriting expertise, as well as a large in-house capacity, we work with wholesale brokers to structure a coverage for a broad range of large-size credit risks.
SOLUTION
AXIS Political Risk Insurance
To help improve their return on risk-weighted assets, organizations may consider our unfunded risk participation agreements. Armed with deep credit analysis and underwriting expertise, our portfolio management team can help evaluate and structure deals in which we take on a portion of the lender's risk in exchange for a share of the fee.
SOLUTION
AXIS Political Risk Insurance
Circumstances in a borrower's company or country can change. AXIS Non-payment Insurance is designed to protect against the loss of risk capital. Owing to credit and underwriting expertise, as well as a large in-house capacity, we work with wholesale brokers to structure a coverage for a broad range of large-size credit risks.
To help improve their return on risk-weighted assets, organizations may consider our unfunded risk participation agreements. Armed with deep credit analysis and underwriting expertise, our portfolio management team can help evaluate and structure deals in which we take on a portion of the lender's risk in exchange for a share of the fee.
Capabilities
- Capacity up to $50 million per transaction
- Claim payment acceleration following loan acceleration
- Flexible long-term non-cancellable tenors up to 15 years, with the ability to go beyond for selective transactions
- Global underwriting, portfolio management and legal teams
- Provides counterparties administrative flexibility in dealing with amendments, consents and waivers
- Single transaction or portfolio coverage
Target Classes
Target project finance sectors:
- Infrastructure
- Metals and mining
- Oil and gas
- Power
- Renewable energy
- Transportation
- Up to $50 Million capacity per transaction
- Global underwriting, portfolio management and legal teams
- Single transaction or portfolio coverage
Claims
We deliver on our promises
Effective resolution for customers is achieved with our highly skilled claims specialists focusing on:
- Quick decision making
- Championing your needs
- An honest approach
∗Claims examples may be based on actual cases, composites of actual cases or hypothetical claim scenarios and are provided for illustrative purposes only. Facts have been changed to protect the confidentiality of the parties. Whether or to what extent a particular loss is covered depends on the facts and circumstances of the loss, the terms and conditions of the policy as issued and applicable law.
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Find your future at AXIS
We are a global insurer and reinsurer tackling unique challenges. At the heart of it all? Our people. As unique as the risks we face.
