What is Political Risk Insurance

Emerging markets present great opportunities to expand the scope of your business, diversify your customer base, and increase sales. In some markets, however, political upheaval can happen overnight, leaving you exposed to a broad range of risks that could threaten your international business. Our Political Risk Insurance (PRI) provides flexible solutions that can protect your balance sheet from such unpredictable realities.

Political Risk Insurance will:

  • Safeguard the value of your overseas assets.
  • Protect your access to your foreign held funds.
  • Maximize the potential of your foreign investment knowing that you’re protected against uncontrollable political events.
  • Protect your company against non-payment or contract cancellation by a foreign government buyer.
  • Increase your access to cash. Political Risk Insurance can make your foreign venture more attractive to your bank and potential shareholders.
  • Cover you against risks that are not typically covered by property insurance.

Risks covered

The risks you wish to insure against are completely up to you and can include:

  • Expropriation
  • Political violence
  • Currency inconvertibility and non-transfer
  • Non-payment by a government