What is the product?

AIG credit lines provides value-added risk management solutions to help unlock new investment into renewable energy. Credit lines, which includes trade credit insurance, trade finance insurance, political risk and project finance insurance provides insurance solutions that allow financial institutions substantially increased lending to business activity in developing renewable energy, as well as insuring the financing of specific renewable energy power generation projects around the world (including wind, solar, hydro, and biomass). Expanding investment into renewable energy is a key worldwide ESG goal.

How does it support green outcomes?

The coverages that AIG provides allows our clients the security to take the necessary steps to transition, and help to support the growth and development of renewable projects.

How does it enable customers today?

AIG has provided project finance risk cover for renewable energy projects over the last seven years on 25 renewable energy related policies. These policies provide non-payment insurance to financial institutions financing such projects globally. Projects include both onshore and offshore wind power projects, solar power projects, hydro-power plants and bio-mass power projects covering both construction and operational risk. This coverage helps to support the growth and development of renewable projects.