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Political Risk Insurance

AIG helps you do business abroad with worldwide, multi-year political risk insurance policies that have industry-leading limits.

Why choose AIG for Political Risk Insurance?

Backed by more than 30 years of experience, AIG provides tailored coverage for companies doing business in other countries. Our policies protect against financial loss (which may be considerable) resulting from government actions. Even as political climates shift, with AIG, your coverage will remain non-cancelable and secure. We cover all types of losses due to political action and instability, including:

  • Confiscation, expropriation, or nationalization
  • Currency inconvertibility and non-transfer
  • Political violence (including terrorism and war)
  • Contract frustration due to political events
  • Sovereign payment default
  • Wrongful calling of on-demand guarantees and bonds
  • Industry-leading limits of up to $150M
  • Multi-year policies with non-cancelable limits—up to 15 years; average 3-5 years)
  • Worldwide coverage; over $520M in global claims paid since 1990

The AIG Advantage

Our multi-year policies have non-cancelable limits (up to 15 years; average 3-5 years), industry-leading limits of up to $150M, and worldwide coverage. 

Market Leadership

We have four decades of experience with dedicated underwriters who help clients with large Political Risk programs—over $520M in global claims paid since 1990.

Creative Solutions

We protect infrastructure, agriculture, gas and oil, military base equipment, and much more against takeovers, political violence, and forced evacuation in multiple territories.

Multinational Reach

Our global Political Risk underwriter network is located in the U.S. (New York, Chicago, and Seattle) and around the world (Toronto, London, Tokyo, and Singapore).

Advantages in Action

Challenge

A producer and distributor for the infrastructure and agricultural markets conducts business in key emerging markets around the world.

Solution

AIG provided coverage needed for the perils of expropriation, political violence, and currency inconvertibility.

AIG Benefit

AIG was selected by the client, despite a lower-priced competitor’s option, due to its long-term commitment to Political Risk, membership in the Berne Union and dedicated claims expertise.

AIG Political Risk Solutions

We provide clients with a global network and multinational expertise. Our specialized claims team leverages our 30+ years of experience to understand our clients’ risk factors and unique needs while doing business overseas.

Non-Payment Insurance for Project Lenders protects project investors against failure of qualifying sovereign governments to meet debt obligations.

Brokers: Meet Your AIG Team

View contact information for AIG’s national product and distribution teams.

Downloadable Materials

Download PDF [44.6 kb]

Filename
political-risk-highlight-sheet.pdf
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73 KB
Format
application/pdf
Political Risk Highlight Sheet

What is Political Risk Insurance?

Political risk insurance can be particularly important when working abroad or in developing countries. Policies protect against financial loss (which may be considerable) resulting from government actions like the following:

  •  Expropriation (government confiscation of property)
  •  Political violence (including war and terrorism)
  •  Currency inconvertibility
  •  Wrongful calling of on-demand guarantees
  •  Non-payment by foreign governments on cross-border loans or contracts

The scenarios described herein are offered only as examples. Coverage depends on the actual facts of each case and the terms, conditions and exclusions of each individual policy. Anyone interested in the above product(s) should request a copy of the standard form of policy for a description of the scope and limitations of coverage.

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