Credit & Political Risk

Credit & Political Risk

Credit & Political Risk

Many companies expend great efforts in negotiating with companies in countries with different business practices and legislative systems to collect money they are owed. The reasons include exchange rate restrictions, inability to remit money, war, terrorism, riots, the cancellation of import and export licenses, and the cancellation of business licenses.

Toyota Tsusho Insurance Management uses the know-how it has gained from providing credit and political risk insurance to international companies to design the best insurance products for business management.

Our Service Features

We design the most suitable insurance products
We build comprehensive risk underwriting programs for each country
We can respond promptly to orders received
We can provide information on country-specific regulations

Details of compensation

Credit insurance

Credit insurance covers losses incurred when accounts receivable cannot be collected due to non-payment or a debt default by a client (private enterprises only) caused by their financial situation.

Political risk insurance

Political risk insurance covers losses incurred when accounts receivable cannot be recovered due to country-based risk (*). It also covers losses incurred due to country-based risks for rights such as real estate and shares invested overseas.

*Country-based risk: transactions with state-run businesses, exchange rate restrictions, inability to remit money, war, terrorism, riots, the cancellation of import and export licenses and the cancellation of business licenses, etc.

Main cases undertaken

  • Single risk contracts(Single company or single country)
  • Covers defaults on warranties issued by state-run businesses.
  • Comprehensive contract for country risk

    Covers multiple countries
    Coverage for transactions between parent companies and subsidiaries

052-584-6334

Feel free to contact us for any questions

Reception Opening Hours 9:00 ~ 17:45 (Closed on Saturdays, Sundays, public holidays and the New Year period)