Sovereign Announces Change in Ownership Structure - XL to Exit Joint Venture; Sovereign to Become Wholly Owned by ACE HAMILTON, Bermuda, January 23, 2006: Sovereign Risk Insurance Ltd. (“Sovereign” or “the company”), a joint venture between ACE Bermuda Insurance Ltd. (“ACE”) and XL Insurance (Bermuda) Ltd (“XL”), announced that effective February 1, 2006, it is…
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Sovereign Voted “Best Political Risk Insurer in Trade Finance”
Sovereign voted "Best Political Risk Insurer in Trade Finance" in Global Trade Review Magazine Poll HAMILTON, Bermuda, November 29, 2004 - Sovereign Risk Insurance Ltd. (“Sovereign”) was voted “Best Political Risk Insurer in Trade Finance 2004” in a poll released last week by Global Trade Review (GTR). The poll was taken from the publication’s database…
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Sovereign Risk Announces Completion of a $200 Million Capital Markets Transaction in Turkey
Sovereign Risk Announces Completion of a $200 Million Capital Markets Transaction in Turkey Political Risk Insurance Assists Finans Bank A. Bond Issue in Achieving Ba1 Rating (Moody's) HAMILTON, Bermuda, October 18, 2004 - Sovereign Risk Insurance Ltd. (“Sovereign”) announced the issuance of an innovative political risk insurance policy assisting Finans Bank A._., Turkey’s fifth-largest privately…
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EDC and Sovereign Risk Announce Completion of Capital Markets Transaction
EDC and Sovereign Risk Announce Completion of Capital Markets Transaction Political Risk Insurance Assists Tele Norte Leste Particiacoes S.A. Bond Issue in Achieving Baa3 Rating (Moody's) OTTAWA, Canada/HAMILTON, Bermuda, December 22, 2003 – Export Development Canada (“EDC”) and Sovereign Risk Insurance Ltd. (“Sovereign”) announced the completion of a political risk insurance (“PRI”) policy supporting a…
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Sovereign Risk Announces Completion of a $500 Million Capital Markets Transaction in Brazil
Sovereign Risk Announces Completion of a $500 Million Capital Markets Transaction in Brazil Political Risk Insurance Assists Banco Bradesco S.A. Bond Issue in Achieving Baal Rating (Moody's) HAMILTON, Bermuda, November 19, 2003 - Sovereign Risk Insurance Ltd. (“Sovereign”) announced the issuance of a political risk insurance policy in connection with a capital markets transaction covering…
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