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Political Risk
Political Risk exists as a fact of commercial life, as companies with overseas investments face a heightened risk environment. As one of the most experienced Political Risk insurers in the world, the ACE Group and affiliates offer innovative and comprehensive solutions that deliver confidence, security and peace of mind to clients across the globe.
ACE possesses a broad understanding and knowledge of the intricacies of political risk, and continues to lead ongoing development in this field, including the evolution of many political risk lines.
Product Highlights
Special Features
Target Audiences
Product Highlights
ACE provides cost-effective strategies to help lenders, equity investors, project sponsors, contractors, exporters and importers mitigate risks while profiting from overseas business opportunities. Solutions are designed around eight categories:
- Capital markets — Covers bond offerings by emerging market issuers against currency inconvertibility and currency non-transfer risks in the country of the issuer. This type of coverage assists issuers in attracting funding from a broader range of investors while reducing their financial costs
- Contract frustration — Protects against financial losses caused by government action or political force majeure in respect of loans (export and pre-export finance), or sales, purchase or service contracts. In the case of private sector counterparties, protection responds to an obligor’s failure to perform due to political events in the host country
- Lenders — Protects against default by private sector borrowers due to a range of political events that prevent the borrower making scheduled loan payments
- Equity — Protects equity investors (FDI) against the risk of the loss of the foreign enterprise due to government action or political force majeure
- Contractor’s plant and equipment — Protects contractors against the risk of loss of their plant and equipment due to government action, war or political violence
- Structured trade credit — Protects lenders involved in highly structured and/or secured trade transactions against default by a borrower/obligor due to either a political or credit event
- Wrongful calling of guarantees — Protects exporters, contractors and sponsors against the calling of on-demand guarantees
- Mobile assets — Protects those who own or have a security interest in stocks of commodities or other mobile assets against political risks
ACE experts also work with companies on a one-on-one basis to custom-design policies to meet specific and unique needs.
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Special Features
No two clients’ needs are the same. In keeping with this philosophy, ACE produces customized underwriting on a case-by-case basis. Other ACE advantages include:
- Strong capital base for large-scale coverages
- Long-term policies that provide affordable protection against changing environments
- Highly flexible, innovative and responsive underwriting team that understands the intricacies of political risk
- A leader in market lineslip capacity
- Valuable hands-on experience gained through a worldwide portfolio of clients
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Target Audiences
- Companies expanding overseas for the first time
- Companies with overseas subsidiaries or joint ventures
- Importers and exporters
- International contractors
- Financial institutions and other businesses with cross-border exposure
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Find an ACE Contact
This general product description is informational only. It is neither
an offer to sell nor a solicitation to purchase any particular insurance
product. Coverages may not be available in all jurisdictions and may be
available only through appropriately licensed brokers. Refer to the Licensing
Information document for a chart of the jurisdictions in which each
ACE Group subsidiary is licensed.
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