The "Investment Insurance" product is a key tool to protect foreign investments of the local exporter, thus enhancing the positive impact on the national economy, through insurance against political and sovereign risks, such as:
. Confiscation or nationalization: actions taken
by the host country that limits the investor’s control over the project’s
assets or rights like confiscation, seizure or appointment of a legal guardian.
• Currency Inconvertibility or Transfer restrictions: actions by the public authorities in the host country that puts limitations on transferring profits or capital out of the host country.
• Wars and civil unrest: Military or civil unrest that damages or destroys the tangible assets or causes interruption of the project or its operations.
• Breach of Contract: the investor's inability to enforce a judgement or arbitration award on their favor in the host country in case of a breach or repudiation of a contract discriminating against the investor.
This product represents an opportunity for local investors to expand their investments in global markets while minimizing potential risks.
