Working closely with banks and alternative lenders to create flexible insurance solutions.
Established trade banks and alternative lenders. Single risks/named buyers: equivalent of BB- or better (by S&P). Portfolios with deductible: wide range of risks.
AIG’s Trade Finance insurance can protect financial institutions as insured against the risk of non-payment of the obligors in trade finance transactions. AIG insurance solutions can help financial institutions to manage credit exposure and reduce regulatory capital allocations in line with Basel Accords and other local regulations.
AIG’s Trade Finance insurance can assist corporates to develop and expand their financing programmes. With Basel Accords compliant insurance cover for buyer non-payment risk of the trade transaction, a lender may have a more cost effective trade finance solution.
Trade Finance Transactions Covered
Letters of credit
Structured trade finance
Trade loans/asset backed lending
Trade Finance Solutions
Flow - simple single risk and named buyer wording or market/insured wordings
Portfolio - excess of loss structure
TC Bridge - both corporate and funder benefit from a cost effective solutio
What Makes AIG Different
Partnerships built on trust, expertise and innovation
Solutions that match funder needs and regulatory compliance for capital relief
Includes scalable programmes, on/off balance sheet and securitisation style structures
* OFAC/Sanctioned Countries excluded. Limited appetite for Cambodia, Myanmar, Turkey, Russia, Brazil, Venezuela, Haiti, certain African and Middle East countries.