Political Risk Insurance: Issues to Consider When Submitting a Claim


Summary

This practice note describes political risk insurance (PRI), which addresses potential risks arising from operating in a foreign country with less than stable political conditions. The availability of PRI may enable a project to become bankable when it would otherwise not be due to these conditions. This practice note provides information on, and practical guidance to navigate, the PRI claims process and claims disputes. This practice note is appropriate for counsel to lenders and investors considering the use of PRI to insure against risks in cross-border or international project finance.