AXIS Capital Risk Insurance primarily focuses on loan non-payment coverage of project finance, aircraft finance and structured credit. We're a member of the Aircraft Finance Insurance Consortium, which provides a unique non-payment insurance product designed for banks and investors who fund the purchase of new Boeing commercial aircraft. Members of our highly experienced global team can be found in London, Singapore and Bermuda, with specialists in underwriting/distribution, portfolio management and legal. We offer highly customized credit and risk transfer solutions via non-payment insurance and unfunded risk participation agreements (RPA). This alternative risk-sharing distribution goes beyond traditional bank/investor syndication markets to allow counterparties to increase deal participation and transaction relevance. BaseI III compliant comprehensive credit protection provides capital relief for counterparties, helping to improve their return on risk-weighted assets. Our offerings also provide an exact hedge for an illiquid obligor or a highly structured product; our insurance contract/RPA references the loan and its exact exposure, leaving no basis risk. This mitigates sector, obligor or country concentration limits.