IRMI - Political Risk Insurance

Overview

Companies operating in developing countries face political risks that can lead to significant losses, whether through sales offices, warehouses, factories, exploration, or mining. Investors also encounter risks with emerging market debt, equity, and lending. Political risk insurance protects against losses from currency restrictions, expropriation, and political violence. This course introduces insurance producers to political risk insurance to help them discuss it with clients.

Learning Objectives

  • Recognize political risks and characteristics of the global economy that contribute to political risks
  • Distinguish among various categories of political risk
  • Recognize the basic characteristics of the major types of political risks
  • Identify noninsurance risk management techniques that can be used to mitigate political risks
  • Recognize the key characteristics of various types of trade insurance and investment coverages
  • Recognize why a captive insurer might, in some cases, serve as a viable alternative to commercial insurance for handling political risks

Designed For

Property and casualty insurance agents, risk, safety, and finance professionals

Prerequisites

A basic understanding of insurance
International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Advanced Preparation

None

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