Our model is based on the experience of our management in political and credit insurance business and enhanced by our portal PoliticalAndCreditRisks.com. Typical deal:
• Bank loan to an oil producer in Africa: USD200m
• Cover requested: Comprehensive non-payment insurance for 90%, i.e. USD180m
• Likely premium: 2.5%, i.e. USD4.5m
• Typical brokerage: 15-20%, i.e. USD0.675m-0.9m (to us!)
Our full funding can be covered by one or two larger-sized deals or several smaller ones!