According to the National Association of Insurance Commissioners, political risk insurance protects businesses from risks tied to foreign government actions.
Tag: political risk insurance
Can Firms Exiting Russia Recoup Losses through Insurance?
Hundreds of companies have said they are withdrawing or suspending operations in Russia after its invasion of Ukraine, from energy producer Shell Plc to carmaker Hyundai Motor Co to PwC, a global professional services firm. The following is a look at how insurance and international arbitration might soften the blow to those companies, which stand… Continue reading Can Firms Exiting Russia Recoup Losses through Insurance?