Legal Issues in Political Risk Insurance Claims & Recoveries

Mondaq Business BriefingUnited Kingdom Law Articles in English (2010)

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Legal Issues in Political Risk Insurance Claims & Recoveries

This article was written for and first published in The Brief. An abridged version was printed in the 24 February 2010 edition.

Introduction

Commercial, as opposed to state-sponsored or multilateral, political risk insurance (PRI) as placed in the London Insurance Market in its wider definition comprises cover for losses caused to investments and projects by government confiscation, expropriation and nationalisation etc (CEND or 'PRI' strictly so-called); insurance against contract...

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