Your international investments are always sensitive to political developments. Political risks refer to uncertainties that may threaten your investments in circumstances such as changes in a country’s political structure, government interventions, war, civil unrest, expropriation, or restrictions on currency transfers.
Political Risk Insurance helps protect your business continuity by covering financial losses that may arise from such events.
The disruption or damage to the operations of organizations engaged in international activities due to causes originating from their own country or from a third country.
It is a type of insurance generally available for countries whose economies are not fully developed, are dependent on external resources, maintain business relations with foreign economies, and whose geographical location exposes them to political risks.
NART provides you with balance sheet protection and operational convenience through its team of political risk specialists. With portfolios tailored specifically for you, it offers flexibility and expert advice on political risk management.
- Covers financial losses that may arise from internal or external war, revolution, rebellion, or social collapse.
- Provides coverage for losses suffered by activities carried out in public institutions as a result of individual decisions.
- Protects against risks to international operations stemming from government or administrative decisions, embargoes, boycotts, the revocation or imposition of permits/licenses, the inability to convert a country’s currency into another currency, or prohibitions on money transfers.
