Chubb

Chubb is a large publicly traded insurance company operating in 54 countries and territories. It offers property and casualty insurance to all sizes of enterprises as well as individuals. Chubb offers political risk insurance to cover losses from government, political and economic disturbances.

Chubb specifically covers:

• “Expropriation & Discrimination:
  • Confiscation, expropriation and nationalization
  • Selective discrimination
  • Forced divestiture
  • License cancellation and breach of contract
• Political Violence and Forced Abandonment
  • Damage to, or destruction of, physical assets as a result of physical violence
  • Abandonment of the assets or the foreign enterprise, or the abandonment of the operations of the foreign enterprise, as a result of political violence
• Inability to Import/Export
  • Cessation of operations where exports are crucial to the business
  • Loss of products that are only of realisable value if exported
• Inability to Covert or to Transfer Currency
  • Dividends
  • Shareholder loan payments
  • Intercompany payables
  • Proceeds of sale”

Chubb offers its services to projects on a case-by-case basis after a full risk evaluation.

Chubb offers its services in 54 countries and territories around the world. These include: Argentina, Australia, Austria, Bahrain, Belgium, Bermuda, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Gibraltar, Hong Kong, Hungary, Indonesia, Ireland, Italy, Japan, Korea, Macau, Malaysia, Mexico, the Netherlands, New Zealand, Norway, Pakistan, Panama, Peru, the Philippines, Poland, Portugal, Puerto Rico, Russia, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Taiwan, Thailand, Tunisia, Turkey, United Arab Emirates, United Kingdom, United States, Vietnam.

https://www.chubb.com/us-en/business-insurance/political-risk.aspx