Political Risks Insurance - Searchlight Insurance Training

Political Risks Insurance

Political Risks insurance examines this threat to business and individuals and how to insure it – its characteristics, areas of risk, underwriting concerns and policy forms.

This one day interactive workshop uses case studies and stories of major political problems to illustrate the multi-faceted nature of political risk insurance.

 

Level: Specialist

Duration: 1 day(s) CII CPD Hours: 6
     

WORKSHOP OBJECTIVES

•Understand the main categories of political risk

•Understand some of the risk reduction methods used

•Appreciate underwriting considerations

•Understand various relevant policies to insure the risk

WORKSHOP CONTENT

•Risk implications of the international trade flow from manufacture to payment collection

•Force majeure / war

•Confiscation of assets

•Contract frustration

•Trade disruption
•International trade credit

•Unfair calling of on-demand bonds

•Underwriting criteria and policy wordings will be discussed