Jared Kotler, head of The Hartford's credit and political risk insurance
(CPRI) practice, said, 'Operating in emerging markets can bring a number of political risks, such as acts of expropriation or confiscation of assets by a foreign government, that are not typically covered under a company's global insurance policies.
Political risk insurance
policies tend to fall into four categories, although a buyer can generally design their own policy with a mix of coverages.
MIGA's political risk insurance
offers investors and lenders protection to overcome constraints that may hinder investment, the statement also reads.
A four page Executive Summary appears at the start and is followed by three chapters: World Investment Trends and Corporate Perspectives, The Political Risk Insurance
Industry, and Breach of Contract.
The annual report showed a slight decrease in export credit and political risk insurance
business (total utilization of the commitments) volumes provided to the corporations' clients in member countries.
By examining trends in the political risk insurance
industry in general, the survey found that, between 2008 and 2011, issuance of political risk insurance
increased by 29 percent for Berne Union members, an increase that has exceeded that of FDI flows into developing countries over the same time period.
WASHINGTON, November 5, 2012 (WAFA)-- Izumi Kobayashi, executive vice president of the Multilateral Investment Guarantee Agency (MIGA) -- the political risk insurance
arm of the World Bank Group -- will visit the West Bank and Gaza in early November to discuss opportunities for private sector investment, a MIGA press release said Monday.
Political risk insurance
or PRI is a specialized subject and not well known or widely available to most medium-sized and small companies; and
It was established in August 1994G as a specialized international institution with full juridical personality with a mandate to encourage the exports of member countries and help attract foreign direct investment to them, through providing Sharia compliant credit and political risk insurance
More than ever, our political risk insurance
can be leveraged to encourage the return traditional investors and the entrance of new players to a region that needs them so much.
The report highlighted the need for alternative markets for Turkish companies and also underscored that efforts should be exerted to meet the need for "political risk insurance
" as soon as possible.
Unrest in Egypt has sent prices for political risk insurance
coverage up by 12 percent to 15 percent for companies established there, and even higher for some professionals like journalists and photographers, a political risk coverage expert said.