The New ITFA Unfunded Master Risk Participation Agreement

04.09.2019 | 46th Annual International Trade & Forfaiting Conference

Geoff Wynne and Silja Calac, a Senior Underwriter at Swiss Re in Frankfurt and a Board Member of ITFA, lead the session “The new ITFA Unfunded Master Risk Participation Agreement – a new dimension in transferring payment risk in trade transactions for surety providers and the insurance market” at the 46th Annual International Trade & Forfaiting Conference on September 4, 2019 in Budapest, Hungary.

Geoff and Silja examined the recently-released ITFA Unfunded MPA and looked at how some key clauses are designed to widen the use of participations to allow other parties to assume non-payment risk in a variety of trade transactions.

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