When participating in an overseas investment or project – as investor, contractor or financier – you accept that it will involve commercial risks. However, if the investment or project is located in an emerging or developing country, or one with an uncertain political environment, consider the possible impact of adverse political events. For example, if the investment or project is damaged in a civil war or political violence or is taken over by the government of the host country, or you are unable to transfer its earnings out of the host country, you could suffer substantial financial loss.
Political risk insurance (PRI) from Efic can help to protect you from financial loss due to certain political events and give you greater confidence to get involved in overseas investments or projects. Efic’s PRI policies can help to protect the interests of: