Political Risk Insurance

Protect assets and investments in emerging markets against losses due to Political Violence, Confiscation, Expropriation and Nationalization, Inconvertablity of Currency and other investment-related risks.

Political Violence

Covers loss or damage to physical assets due to Political violence, such as revolution, insurrection, civil unrest, terrorism or war.
Can also be written to include business interruption, loss of equity investments, or loss of income.
Forced abandonment where the insured’s home government requires abandonment of a project as a result of Political violence can also be covered.

Confiscation, Expropriation or Nationalization

Covers the confiscation, expropriation, nationalization and other foreign government actions which could deprive you of ownership or control of your assets.

Currency Inconvertibility

Protects local currency dividends, debt service, return of capital by a foreign goverment or private sector buyer.

Non-Honoring

Covers non-payment of financial obligations of sovereign governments, state owned enterprises and other quasi-sovereign entities.

License Cancellation

Protects the insured when licenses that are fundamental to the operation of a project are cancelled by the host government without cause, resulting in the termination of the project.

Wrongful Calling of Guarantees

Covers wrongful calling of performance or bid bonds, standby letters of credit or similiar on demand guarantees.