Political Risk Insurance
Companies increasingly want to take advantage of overseas trade opportunities but are wary of the risks present in emerging markets. Political Risk insurance helps businesses to trade or invest internationally with confidence, knowing they have insurance in place to mitigate the uncertainties of doing business overseas.
It provides protection against defined risk events including: war, political violence, expropriation, currency inconvertibility and breach of contract by sovereign entities and the continuing expansion of the political risk market means there is a trend towards innovation and tailored solutions.
In addition to giving corporates and investors ‘peace of mind’ against physical loss or damage, Political Risk Insurance can also be used to broaden a fund’s investment horizon by unlocking markets which were previously ‘off limits’.