Backed by more than 30 years of experience, AIG can provide tailored coverage that addresses the risks specific to your markets and line of business. And while political climates may shift, with AIG, your coverage will remain non-cancelable and secure.
Policy coverage extends to all types of losses due to political action and instability, including:
Confiscation, expropriation, or nationalization.
Currency inconvertibility and non-transfer.
Political violence (including terrorism and war).
Contract frustration due to political events.
Sovereign payment default.
Wrongful calling of on-demand guarantees and bonds.
Additional Political Risk Products
Non-Payment Insurance for Project Lenders
Non-Payment Insurance for Project Lenders protects project investors against failure of qualifying sovereign governments to meet debt obligations.
Political Risk Insurance for Importers and Exporters
Political Risk Insurance for Importers and Exporters provides comprehensive protection against loss due to political instability, including product confiscation and non-payment.
Political Risk Insurance for Financial Institutions and Capital Markets
Political Risk Insurance for Financial Institutions and Capital Markets protects institutional lenders and capital-bond markets against risks from political instability.
Political Risk for Multinational Corporations
Political Risk Insurance for Multinationals offers global organizations flexible, long-term, large-scale coverage for a range of political risks associated with emerging markets.
Political Risk Insurance for Project Multinationals
Political Risk Insurance for Project Multinationals offers investors protection against losses from an individual project. Coverage can extend to a single country or multiple countries.
Political Risk Insurance for Contractors
Political Risk Insurance for Contractors provides coverage to construction, engineering, and other contracting firms against associated losses due to political upheaval or government action.