Guarantee from Insurance company
by Guest »
Hello, I a need professional consultation and hope you will help me. our company is structuring export deal (with the contract for 4 years) and the buyer is ready to provide advance payment against the guarantee issued by the S&P rated company. Our insurance company has no such rating, but they are able to reinsure it with their partner reinsurance company. however, the buyer hasnt agreed motivating that the contractual relationship between insurer and re-insurer companies are not transparent and it is possible that they will make changes in the contract without their consent.