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    Political Risk and Trade Credit

    Investors and businesses active across Africa must be protected against risks caused by political unrest and instability. Get in touch to speak to a member of our team about how Political Risk and Trade Credit insurance can help your business.

    Download our brochure

  • Political Risk and Trade Credit


    Our Solution

    AXA Africa Specialty Risks’ Political Risk and Trade Credit insurance provides vital security to assets and contracts. Our work helps to make investments viable, and facilitate the development of African business.

    We recognise that our products are only as good as the people behind them, we have a highly experienced team made up of former brokers and financial services professionals that really understand the requirements of their clients. They have extensive experience in assessing macroeconomic and geopolitical environments, as well as underwriting experience on the ground throughout Africa. We also make extensive use of data, tracking political and economic developments on a localised basis.

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    Our Offer

    Our offer includes cover for risk of CEND (Confiscation, Expropriation, Nationalisation & Deprivation), CCP (Construction Contractors Plant), contract frustration, and trade credit, including non-payment and non-delivery by public and private obligors. It also includes exchange transfer, the non-honouring of documentary letters of credit, and the wrongful calling of on-demand bonds. We cover war on land and political violence in conjunction with these other perils.

    We also help businesses identify where and how to make their supply chains more manageable and sustainable as they expand in Africa on a regional scale.

  • Asset and Contract Risks


    Asset and Contract Risks

    Unlike many insurers, our offer is flexible: investors may choose precisely which cover they buy from a wide range:

      Asset risks

    • We protect fixed assets – including factories, mines and other industrial investments – against the risk of expropriation and licence cancellation. We’ll also cover mobile assets, including heavy plant equipment, stocks of commodities and generator sets against confiscation and wilful destruction.

    • Contract risks

    • We protect against non-payment for the flow of goods or services in African markets, and against the risk that letters of credit or guarantees offered by local banks or government entities are unfulfilled. We also protect against the non-delivery of pre-paid goods or services, including the export of commodities.
  • Targeted Markets

      We specialise in providing bespoke insurance products for:

    • Trade finance banks

    • Commodity traders

    • Exporters

    • Telecoms companies

    • Construction companies

    • Temporary power generators

    • We can insure such risks throughout the developing world and offer a long-term security of purchasing a non-cancellable policy, with a policy period of up to seven years.

      Maximum Line Sizes:

      Political Risks: US$60 million

      Trade Credit: US$30 million

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