AXA XL uses two forms of cookies on this site:

  1. to enable the site to operate and retain any preferences you set
  2. for analytics to make the site more relevant and easy to use

These cookies do not collect personal information. For more information about our cookie usage, please click here. To comply with EU privacy laws you must consent to our use of cookies.

By using this site, you agree that we can place these types of cookies on your device. If you choose to change your cookie settings you will be presented with this message the next time you visit.

Political Risk - Foreign Direct Investment
Specialty
Our political risk insurance helps businesses to protect their overseas investments in situations such as political violence or confiscation of assets. We cover risks from business disruption to outright loss of the overseas business – and a wide range of investments including new and existing projects, bank loans and leased assets.

Product details

Capacity

  • Up to USD 200 million per risk
  • Up to 15 years

Coverage

Our political risk insurance helps businesses to protect their overseas investments in situations such as political violence or confiscation of assets. We cover risks from business disruption to outright loss of the overseas business – and a wide range of investments including new and existing projects, bank loans and leased assets.

Our appetite:

  • Expropriation, nationalization or confiscation of assets
  • Fixed and mobile assets
  • Equity holdings
  • Shareholder loans and dividends
  • Lender’s political risks
  • Financial institutions
  • Multilaterals and export credit agencies
  • Specific projects
  • Non-repayment or debt default by a state or state-owned enterprise
  • Currency inconvertibility and non-transfer
  • Non-cancellable coverage
  • Pre-shipment risks
  • US policies written on an admitted or non-admitted basis

Client Profiles

Large corporations, both public and private, involved in foreign direct investment, cross-border lending or international business, primarily in emerging markets across a variety of industries:

  • Exporters/manufacturers
  • Global and leading regional financial institutions
  • Commodity traders
  • Engineering/procurement/construction contractors

Typical Information Required

  • Summary of the investment/assets to be covered, including estimated values
  • Summary of the insured’s experience doing business in the country(ies) involved
  • Coverages being requested and tenor requirements

Benefits & Services

  • Capability to issue policies from the US, UK, Singapore, Bermuda, Canada, Brazil, Australia and Insurance segment's Lloyd’s syndicate 2003 to accommodate licensing and geographical location requirements.
  • Underwriting locations in New York, London, Singapore, Hamilton, Toronto, Brazil, Madrid and Sydney provide local, same-time zone access to our global capabilities.

Information and Research

PRCB Case Study_AXA XL_UK

PRCB Product Sheet_AXA XL_UK

Minimum Deductible

Varies, if applicable

Minimum Premium

Varies

The information contained herein is intended for informational purposes only. It’s is neither an offer to sell nor a solicitation to purchase any particular insurance product. Insurance coverage in any particular case will depend upon the type of policy in effect, the terms, conditions and exclusions in any such policy, and the facts of each unique situation. No representation is made that any specific insurance coverage would apply in the circumstances outlined herein. Please refer to the individual policy forms for specific coverage details. AXA XL is a division of AXA Group providing products and services through four business groups: AXA XL Insurance, AXA XL Reinsurance, AXA XL Art & Lifestyle and AXA XL Risk Consulting. In the US, the AXA XL insurance companies are: AXA Insurance Company, Catlin Insurance Company, Inc., Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company and T.H.E. Insurance Company. In Canada, coverages are underwritten by XL Specialty Insurance Company - Canadian Branch and AXA Insurance Company - Canadian branch. Coverages may also be underwritten by Lloyd’s Syndicate #2003. Coverages underwritten by Lloyd’s Syndicate #2003 are placed on behalf of the member of Syndicate #2003 by Catlin Canada Inc. Lloyd’s ratings are independent of AXA Group. Not all of the insurers do business in all jurisdictions nor is coverage available in all jurisdictions.

Contact Us

If you need to speak to one of our product experts

Download Related Forms or Brochure