Trade Finance
Working closely with banks and alternative lenders to create flexible insurance solutions.
Who is it for?
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.
Trade Finance Credit Insurance
Trade Finance Transactions Covered
- Receivables
- Confirmed payables
- 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 solution
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
Summary of Policy Types, Obligors Rating and Global Capabilities
Trade Finance Policies
- Single risk/multi-named buyers or Portfolios
- Basel Accords compliant
- Indemnity or Excess of Loss cover
- Flexible solutions to match the financial institutions risk profile and regulatory capital needs
- Up to one year or maximum 18 months non-cancellable limits
- Integrated technology solutions available
- Trade Finance structuring and back up servicing available
- Can support group and discretionary limits
Single Risk/ Multi-Named Buyers
- Obligors rated BB- (or S&P equivalent) or better
Portfolio
- AIG can consider a wide spread of obligors in a portfolio, with appropriate excess of loss structure
Global Capabilities
- AIG can provide locally admitted insurance in over 200 countries and jurisdictions.*
* OFAC/Sanctioned Countries excluded.