Coverage for Financial Institutions (Credit)

Tokio Marine HCC's insurance companies are highly rated, offering superior financial strength to policyholders on a global scale.

Highlights

  • Ability to provide bespoke policy wordings to support individual business needs
  • Non-cancellable limits available
  • By protecting financial institutions, we facilitate transactions to provide necessary cash flow to supply goods or services to the supply chain or upfront funding supporting manufacturer production
  • No policy deductible available
  • Policies can be structured with a level of co-insurance underwritten on a case-by-case basis
  • Policy tenor of up to seven years for private sector and ten years for public sector obligors

Best For

  • Financial institutions
  • Export credit agencies
  • Multilaterals

Summary of Coverage

Tokio Marine HCC offers a variety of products to financial institutions.

We allow banks to mitigate internal country and obligor limits and enjoy capital relief. Acceptable structures include letters of credit and bank-to-bank trade financings, structured trade financings including pre-export finance, accounts receivable and payable purchases, bank buyer credits, project finance and borrowing base facilities.

We also provide solutions to protect financiers when standard whole turnover coverage is not a suitable funding arrangement against non-payment of a trade-based financing. Acceptable structures include but are not limited to factoring and invoice discounting, supply chain finance and trade finance which assumes an underlying trade transaction exists. This type of policy protects the finance provider and encourages funding for their clients.

Why Tokio Marine HCC?

Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Spain and Ireland, transacting business in approximately 180 countries and underwriting more than 100 classes of specialty insurance. Our products and capabilities set the standard for the industry, and many of our almost 3,000 employees are industry-leading experts. Each of our highly entrepreneurial businesses are equipped to underwrite special situations, companies and individuals, and acts autonomously to deliver effective solutions.
Our financial strength ensures our clients will always be protected.

Our financial strength ensures our clients will always be protected.

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Tokio Marine HCC Product Breadth

Our holistic portfolio of products includes more than 100 classes of specialty insurance

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Tokio Marine HCC is part of Tokio Marine, a $31 billion company.

Tokio Marine HCC is part of Tokio Marine, a $31 billion company

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