Legal Issues in Political Risk Insurance Claims & Recoveries
Mondaq Business Briefing › United Kingdom Law Articles in English (2010)
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Mondaq Business Briefing › United Kingdom Law Articles in English (2010)
Linked as:Extract
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...See the full content of this document
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