Advance payment guarantees: underwriting the cash, not just the contract
A practical guide to advance control, amortisation, project cash flow and the wording issues that drive APG exposure.
Insights
Technical thinking for better surety decisions.
Practical notes for brokers, applicants, insurers and professional advisers working on complex obligations and international placement structures.
Insights are general information only. They are not transaction-specific underwriting, legal, tax or regulatory advice.
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International surety: the structure matters as much as the risk
Why appetite, issuer authority, bond wording and reinsurance participation must be analysed as separate parts of an international placement.
Read the guideTechnical library
Product, market and underwriting notes.
Brazilian judicial and tax guarantees: a route-to-market framework
What international capacity providers need to understand about local issuance, SUSEP rules and the underwriting of judicial and tax obligations in Brazil.
Contractor surety underwriting: five questions behind the numbers
A disciplined framework for financial capacity, operational delivery, contract risk, aggregate exposure and indemnity value.
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