Political Risk is a growing concern
Your political risk insurance options
Political Risk Insurance of Assets – Protect your physical assets or cash accounts deployed in foreign markets against the risks of government expropriation, political violence, and currency inconvertibility and non-transfer.
Foreign Funds Insurance – Ensure access to your cash when foreign governments take administrative actions which stop businesses from converting local currency into dollars and/or transferring dollars out of that country.
Political Risk Insurance of Investment – Safeguard the value of your investment in a foreign subsidiary against government expropriation, political violence, and currency inconvertibility and non-transfer.
Contract Frustration Insurance (CFI) Sovereign Buyer – Insure your receivables under contract with a foreign government buyer against both commercial and political risks.
Accessible and experienced
Work directly with an experienced team of Political Risk Insurance underwriters and risk analysts to reduce your exposure to political risks. Regardless of the size of your business or your exposure, we can provide you with a range of coverage options.
To qualify, your operations must generate economic benefits to Canada (e.g. job creation, contribution to GDP). Companies operating abroad should be aware that we are subject to a number of provisions and guidelines governing international trade.
Premium rates vary based on the type and number of political risks you insure and on a risk assessment that considers country and transaction characteristics. Rates start as low as 0.1 per cent per annum for one risk.