Political Risk Insurance For The

Indian Clients

Acorn India Insurance Brokers Pvt. Ltd

Political Risk Map

Political Risk Map: Middle East and

North Africa

Political Risk Map: Europe and CIS

Political Risk Map: Sub-Saharan

Country Risk

Political Risk Map: Asia Pacific

Political Risk Map: Latin America and

Caribbean

Political Risk: Recent Sanction by

Russia on Turkey
Ban on import of Turkey food products
Ban on visiting Turkey tourists
It suspends activities of the Russian-Turkish trade and investment negotiations.
The resolution cuts the number of annual licenses for 2016 granted to Turkish cargo transporters by
road to 2,000 with a prospect of cancelling them altogether.
Meanwhile, according to the resolution, Turkish citizens without a labour contract or a civil contract
signed before December 31, 2015 would not be allowed to work in Russia from January 1, 2016.
Bilateral agreement on visa-free travel was suspended, together with charter flights between the
two countries except those meant to repatriate Russian tourists from Turkey.
The ministry of education and science said it was curtailing cooperation with Turkey's universities
and planned shortly to repatriate all Russian students in the near future.

Solution For Contracts And Sale: PRI

Contract Frustration/Non-Payment Insurance
Political Risks Insurance for Export/Sales Contracts to state-owned
entities
Political Risks Insurance for Purchase Contracts (Pre-financing) on
purchases
from state-owned entities
Cover provided for both Pre and Post-Shipment risks and exposures
Many alternative markets available

Investment/Assets: PRI
Investment/Assets Insurance
Political Risks Insurance for Foreign Equity Investors including:
Expropriation (incl. cancellation of Investment Agreements and Rights),
Currency Inconvertibility/Non-Transfer, Political Violence/War/Civil War, Export
Licence

Cancellation/Embargo, Selective Discrimination, Forced Abandonment,

Operating
Licence Cancellation, Forced Divestiture, for:

Equity Investors
Project Developers
Contractors Plant and Equipment
Commodity Stocks
Cover for emerging market risks on a multi or single risk basis

Coverage highlights
Section 1:

Confiscation

Nationalization

Expropriation

Deprivation

Section 2:

War, civil war, armed conflict, rebellion insurrection, or civil

strife arising therefrom

Terrorism

Malicious damage

Coverage Highlights
Min S.I: USD 1,000,000
Min Premium: USD 10,000
Waiting period : 180 days for CEND, Nil for PV
( normally)
Indemnity
CEND : 95-100%
PV : 90- 95%

Some Exclusions
Five Great Powers ( War)
Contractual Agreements
Consequential Loss
Insolvency or Financial Default
Necessary Permits
Non-Performance
Theft

Lloyds Claim Over Years

Potential customers
15 years ago
90% exporters/importers/traders/investors
10% banks/financial institutions

Today
40% exporters/importers/traders/investors
60% banks/financial institutions/Project developers

Client base

Broad range of financial institutions

Commodity traders
Manufacturers and exporters
Contractors
Emerging market project developers (power, mining, oil & gas)
Emerging market equity investors
International schools

*Potential Customers: Some of The

FMCG companies
Hindustan Unilever Limited
ITC Ltd

Marico

Future Consumer Enterprises Ltd

Amul

CavinKare

Godrej Consumer Products Limited

Parle Agro

Jyothy Laboratories

Dabur India Ltd.

Haldiram's

Nirma

Emami

Himalaya Healthcare Ltd.

Zydus Wellness

Bikanervala

Pidilite Industries

Cholayil Private Limited

Britannia
Wipro Consumer Care & Lighting Ltd
*Potential Customers: This is for illustrative
purposes only

Potential Customers :Some Capital

Goods Companies
Ace Micromatics

Remi

Empire

Thysesenkrupp

HMT

AEPC

Lalbhai

Express World

TATA

IVRCL

ACG Worldwide

Ruia

Escorts

UTC

HNG

Saboo

Fedders Lloyd

Wipro

Kirloskar

Cummins

Thank you
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