In the inaugural episode of BPL Pulse’s podcast series, James Reynolds, Director at BPL Global, speaks to Dan Osman, Head of Political Risk at Aspen, about derivatives in the Credit and Political Risk Insurance market.

“The main thing for banks to think about is, are they purely after credit relief, or do they want to get full XVA relief? And if they want full XVA relief, they need to have full proportional cover, the same as you would with a non-payment insurance on a loan.”

Dan Osman, Head of Political Risk, Aspen