Political risk and non-payment

Protection for developed and emerging markets

Liberty Mutual financial risk solutions can provide political risk and non-payment insurance to organizations involved in trade and investment in developed and emerging markets. 

Our underwriting approach involves a thorough analysis of your risks, backed by a deep understanding of your industry, while our integrated underwriting, claims and risk management.  

Our expert teams of underwriters and analysts can protect your business from a range of risks such as government intervention, contract frustration, political violence and credit default. 

Solutions for complex risks

Classes of business

We offer creative risk-transfer solution, including: 

  • Political Risk Insurance: 15 years (20 years if reinsuring a public agency) 
  • Non Payment Sovereign Obligors: 15 years (20 years if reinsuring a public agency) 
  • Non Payment Private Obligors: 10 years (can consider 15 years for Project Finance) 

Target markets

Our global client base trading and investing in developed and emerging markets includes: 

  • Governments 
  • Banks  
  • Multinational companies 
  • Exporters  
  • Contractors 


We provide policy limits of up to $100 million or equivalent per risk.

Get in touch

Photo of Matthew Coomer

Matthew Coomer

Underwriter, Financial Risk Solutions

New York

Photo of Alexandre Egnell

Alexandre Egnell

Head of North America, Financial Risk Solutions

New York

This website is intended to be informational. Descriptions are provided only as a summary outline of the products and services available and are not intended to be comprehensive and do not constitute an offer to sell or a solicitation. The products and services described may not be available in all states or jurisdictions. See your policy, service contract, or program documentation for actual terms, conditions, and exclusions. Any inquiries regarding the subject matter set forth herein should be directed through licensed insurance professionals.

Coverage and insurance are provided and underwritten by Liberty Mutual Insurance Company or its affiliates or subsidiaries. When we offer insurance products, we will state clearly which insurer will underwrite the policy. Some policies may be placed with a surplus lines insurer. Surplus lines insurers generally do not participate in state guaranty funds and coverage may only be obtained through duly licensed surplus lines brokers.