Whether you are an equity investor, a financial institution, delivering a project or an importer Political Risk Insurance (“PRI”) remains a major consideration. While trade related cover can be very challenging to deliver in frontier markets Gate is able to offer a range of asset related cover including:
• Confiscation of fixed or mobile assets including:
- Deprivation
- Nationalisation
- Creeping
- Expropriation
- Elective Discrimination
- Forced Abandonment and Forced Divestiture
• Political violence - war on land and terrorism
• Inability to convert or transfer currency
• Specialist coverages such as aircraft confiscation and repossession
• Strikes, Riots and Civil Commotions ("SRCC")