Results for tag: "Political Risk"

Political Risk is a type of risk associated with investments in foreign countries. It is the risk that a foreign government will take actions that will adversely affect the value of investments in that country. These actions can include expropriation, nationalization, currency inconvertibility, and political violence. Political Risk can also refer to the risk of a foreign government failing to honor its contractual obligations. Political Risk insurance is a form of insurance that provides protection against losses due to political risks. It is designed to protect investors from losses due to political events such as expropriation, currency inconvertibility, and political violence. Political Risk insurance can also provide coverage for losses due to contract repudiation and breach of contract. Political Risk insurance is offered by a variety of companies, including Aon, AXA XL, Beazley, Chubb, Marsh, and Zurich. These companies provide coverage for a variety of risks, including expropriation, currency inconvertibility, political violence, contract repudiation, and breach of contract. Show Less Read more