Reports of Overseas Private Investment Corporation Determinations is a forthcoming publication of Oxford University Press (www.oup.com/us/law), edited by three distinguished international legal experts: international arbitrator Mark Kantor; Michael Nolan, a partner at Milbank Tweed, Hadley & McCloy LLP and adjunct professor at Georgetown University Law Center; and Karl P. Sauvant, Executive Director of the Vale...
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Bilateral Investment Treaties
Interviews
Investment Disputes and Arbitration
OPIC
PRI Wordings
Lenders Cover
PRI Products and Coverages
PRI Wordings | September 2008
Tony George
After years of contentment with the wordings that have been developed in the commercial political risk insurance market since its start 40 years ago, one has recently noticed a shift from insurers’ traditional protection towards contracts which are more favorable to insureds. It has been a soft market for some time with underwriters chasing business...
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PRI Wordings | October 2007
Robert T. Wray and Felton (Mac) Johnston
Over the last two decades the political risk insurance marketplace has experienced remarkable growth and has demonstrated an ability to respond ably to evolving buyer needs. In recent years, however, PRI claims experience has yielded outcomes that have disappointed both policyholders and underwriters. Most PRI transactions are confidential, so there tends to be little appreciation...
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ICIEC
PRI Wordings | April 2007
Diana Smallridge
Islamic finance is in the news and is becoming increasingly relevant to the international finance and investment community. Aside from the numerous Islamic finance institutions in the Gulf region and other Muslim countries, some major international banks, such as Citibank and HSBC, offer Islamic finance facilities. Moreover, Standard & Poor’s recently announced the launch of...
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Interviews
PRI Marketplace
PRI Wordings
Q: To what extent do you see an erosion in the boundaries between (a) PRI and Trade Credit Insurance and (b) PRI and financial guaranties. In each case, what are the implications of this erosion? A: It seems to me that the whole market for PRI, Trade Credit Insurance and Investment Insurance/PRI is in a...
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Claims
Lenders Cover
PRI Claims
PRI Products and Coverages
PRI Wordings | April 2005
David Neckar
We invited David Neckar, Practice Leader, Political Risks and Credit Insurance, Global Markets of Willis Ltd. to comment on issues that have arisen out of recent political risk insurance claims in Argentina. Two countries “separated by a common language” was Churchill’s comment on the United States and the United Kingdom. Some have maintained that it...
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