Project finance lenders are increasingly turning to unfunded non-payment insurance to cover borrower default risk, providing substantial risk syndication, credit, and portfolio management benefits. The market for long-tenor, non-recourse credit risk insurance has significantly deepened in recent years, stemming from the well-established markets for insuring trade finance loans.
Who are these insurance companies and what are their capabilities? How does project finance non-payment insurance compare with other risk financing options available to banks? How can banks increase their competitive position by working with these insurers as "silent partners"? How does unfunded non-payment insurance reduce credit risk and reduce risk-weighted assets?
These questions will be addressed during a two hour interactive session with industry experts.
The full agenda can be found below.
8:00am Registration & Networking
8:35am IPFA Update
​Dominic Leadsom, Director, Cost Management, Turner & Townsend; IPFA Canada Branch Council Member
8:45am Welcome & Opening Remarks
Trevor Mapplebeck, Managing Director, Marsh National Specialties Practice Leader
8:50am Panel Discussion
Moderated by: Stephen Kay, U.S. Practice Leader, Marsh Political Risk and Structured Credit
Michael Silas, Senior Vice President, Capital Risk Solutions, AXIS Capital
Nicholas R. Williams, Partner, Clifford Chance LLP
Question & Answer Session
9:50am Closing Remarks
Trevor Mapplebeck, Managing Director, Marsh National Specialties Practice Leader
