Political Risk Insurance
Political risk insurance is designed to provide protection to businesses against certain political risks in connection with their investments and physical assets located in emerging markets.
Some of the political risks that can be insured against include:
- Government confiscation, expropriation or nationalization
- Political violence
- Currency inconvertibility and non-transfer
- Sovereign payment default
- Contract frustration due to political events
- Wrongful calling of on-demand contract guarantees and bonds
Political risk insurance policies can be purchased for long terms, such as 15 years, and can be tailored to cover investments in multiple countries.
Give us a call to discuss your political risk insurance needs.