Political and Credit risks can impact income, investments and cross-border operations. We provide flexible, tailored solutions backed by underwriting expertise, data-led insight and global reach, helping clients protect assets, manage exposures and operate with confidence in an evolving geopolitical landscape.
Cover
- Political Risk (CEND): protection against loss of assets or investments due to events such as expropriation, nationalisation, confiscation, currency inconvertibility and related perils
- Contract Frustration (CF): cover for non-payment or non-performance by sovereign or state-owned counterparties, including pre- and post-shipment risks and contract bond exposures
- Credit (CR): cover for non-payment or non-performance by non-sovereign counterparties across trade and non-trade structures, including loans, receivables, project finance and corporate sales (Syndicate 1856 Only)
- Extensions available for arbitration award default, non-honouring of sovereign obligations and political risk impacts on contracts and trade flows
Risk Appetite
- Corporates, project developers and investors seeking protection for cross-border assets and investments
- Banks, financial institutions, commodity traders, importers and exporters
- Public agencies including development finance institutions, multilaterals and export credit agencies
- Coverage for political risks including expropriation, nationalisation, confiscation, political violence and currency inconvertibility
- Non-payment and contract-related risks including sovereign and quasi-sovereign exposures, contract frustration and trade credit risks
Capacity
- Up to USD 35m (Syndicate 1856) / USD 30m (Syndicate 1919) Tenor - Syndicate 1856 - 10 Years (15 for Public Agencies) / Syndicate 1919 - 10 Years
Territories
- Worldwide
WHY STARR
- Ability to deploy both Lloyd’s Syndicate and Company paper
- Available on a primary, excess or quota share basis
- Support for single risks and multi-country programmes
- Global underwriting expertise across Credit and Political risks, supported by data-driven insight
- Flexible, tailored solutions designed for complex and evolving risk environments
- Ability to structure bespoke programmes across multiple jurisdictions and risk types
- Strong track record supporting cross-border investment and trade
Our Team
David Anderson
Andrew Tongue
Alex Mearing
Harry Walford
Our global strength in numbers
“A”
Rated “A” (Excellent) A.M. Best
$11.9 B
Gross Written Premium *estimated as of 12/31/2024$41.1 B
Total Assets
*estimated as of 12/31/2024$12.9 B
Shareholders Equity
*estimated as of 12/31/2024Starr Indemnity & Liability Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.
Starr & Reinsurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International Insurance (Singapore) Pte., Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Surplus Lines Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV.
Starr International Insurance (Asia) Ltd. holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Property & Casualty (China) Company, Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International (Europe) Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Specialty Insurance Company holds an A.M. Best financial strength rating of "A" (Excellent), financial size category of XV.
Starr Europe Insurance Limited holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr International Insurance (Switzerland) AG holds an A.M. Best financial strength rating of “A” (Excellent), Financial Size Category XV.
Starr Syndicate Limited at Lloyd's of London holds an A.M. Best financial strength rating of "A" (Excellent), Financial Size Category XV, and also holds a Standard & Poor's rating of "A+" (Strong) (Lloyd's of London market ratings).
AM Best has upgraded the Long-Term Issuer Credit Rating to a+ (Excellent) from a and affirmed the Financial Strength Rating of A (Excellent) of the insurance subsidiaries of Starr International Company, Inc. View the AM Best press announcement here.