Tradian Corporation | Political Risk / Medium Term
15898
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Political Risk / Medium Term

Foreign sovereign and non sovereign commercial entities can be covered for a term  of 1-8 years on a non cancelable basis for losses caused by commercial or political events.  Typically involves capital goods or infrastructure projects and is often syndicated where either the exporter or the bank is the insured party.  Export trade falls under contract frustration cover while foreign assets can be covered against  Confiscation, Expropriation and Nationalization.