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Our political risk team works with clients to manage their cross-border portfolios and overseas investments to help meet their insurance-related needs. Some of our key clients include financial institutions, corporates, exporters, and traders. Markel has the capability to underwrite and issue policies in  both trade and non-trade-related transactions.

Coverage options

We can offer coverage amounts up to:

  • Contract frustration: $50m per risk and policy tenors up to 120 months
  • Political risk: $30m per risk and policy tenors up to 120 months
  • Single and structured credit risk: average line size of around $10m per risk and policy tenors up to 84 months

We write business on a primary and excess basis.

We write business on a worldwide basis (excluding sanctioned territories).

We can offer coverage which does not contain a nuclear exclusion.

Key coverages include:

  • Insolvency or default by either a public or privately owned entity
  • Non-trade capabilities
  • Pre-export finance
  • Pre-shipment political risk coverage
  • Unfair and fair calling of on-demand bonds
  • Currency inconvertibility and exchange transfer
  • License cancellation
  • Import/export embargo
  • ECA and multilateral coverage, where extended tenors are available
  • Confiscation, nationalization, expropriation, and deprivation
  • Comprehensive contractors plant and equipment
  • Failure to honor an arbitration award
  • Aircraft and vessel repossession
  • Mortgage rights insurance
  • Aircraft finance
  • Real estate finance

Unique like you

Every business has different coverage needs.

We meet challenges head on to find creative coverage solutions, reduce risk, or help recover from a loss.

  • Risk Solution Services

    Markel's Risk Solution Services understands your business and provides practical solutions to help you manage risk.

  • US and Bermuda offerings

    Explore all of Markel's US and Bermuda insurance offerings and learn how our experience allows us to build specialized solutions.

  • Claims service

    When the unexpected happens, we are passionate about getting you back on track and giving you peace of mind.

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We are here to help protect your business and its future.