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Political Risk
Risk transfer solutions to enable companies to manage the overseas country risks associated with international business operations, allowing them to run their operations without worrying about the consequences of disruption following a political act.
Losses caused by political acts that may interfere with the fulfillment of a contract including but not limited to non payment by a Government or a Sovereign Obligor and Currency Inconvertibility.
Losses from a range of political acts including confiscation of assets, political violence, inconvertibility, forced abandonment, refusal by public guarantor to honor its obligations, war-on-land and others.
Loss of equipment leased in a foreign country through political acts.
Loss of stock or equipment in a foreign country through political acts.
Losses on On-Demand-Bonds or Guarantees due to political acts.