Political risk insurance protects firms against expropriation, currency inconvertibility, political violence, and stand-alone terrorism.

Question

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Political risk insurance is designed to protect businesses from the financial impact of various political risks such as expropriation of assets, inability to convert and transfer currency, political violence including terrorism, and other disruptions that result from political instability.

Political Risk Insurance Protects Firms Against Expropriation, Currency Inconvertibility, Political