Berne Union investment data
Berne Union investment insurance: Political risks insurance in support of foreign investments
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INV New Business - insured during each year
Total investment insurance amounts showed strong increases in 2005 and 2006, reflecting both higher volumes of activity and also a broader range of business activities reported.
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INV Exposure - at year end
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INV Claims Paid - during each year
In investment insurance, claims paid as well as recoveries typically vary considerably from year to year.
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INV Recoveries - during each year
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INV New Business 2006: Top 10 Countries
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INV Exposure 2006: Top 10 Countries
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INV Claims Paid 2006: by Country
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INV Recoveries 2006: by Country
Investment Insurance Claims
Significant claims are paid by Berne Union investment insurance members. There are currently 32 members, both public agencies and private companies.
Investment insurance – also referred to as political risk insurance (PRI) – covers foreign direct investments or loans in support of investments against risks such as
- Transfer: restrictions on transferability and/or convertibility of local currency
- Political Violence: war and civil disturbance, terrorism
- Expropriation: confiscation, expropriation, nationalisation
- Breach of Contract: contract frustration, non-honouring of government obligations
Claims paid are detailed by these types of risk in the data shown below.
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CountryRisk EventAmount (USD Million)
- 2007
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BOLIVIAExpropriation8.1
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CHINABreach of Contract0.1
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COLOMBIAPolitical Violence0.1
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TAJIKISTANBreach of Contract2.0
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ZIMBABWETransfer0.5
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Political Violence0.9
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Total11.7
- 2006
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ARGENTINAExpropriation30.5
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CHINABreach of Contract2.8
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COLOMBIAExpropriation17.8
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DOMINICAN REPUBLICBreach of Contract6.4
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LEBANONBreach of Contract0.1
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TAJIKISTANBreach of Contract23.4
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VENEZUELATransfer2.6
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ZAMBIABreach of Contract0.2
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ZIMBABWETransfer1.0
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Political Violence0.7
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Total85.5
- 2005
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ARGENTINAExpropriation50.6
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Unspecified11.3
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CENTRAL AFRICAN REP.Unspecified0.5
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CHINAUnspecified2.3
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DOMINICAN REPUBLICBreach of Contract44.0
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Unspecified2.3
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ERITREAExpropriation0.1
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HAITIPolitical Violence0.5
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ZIMBABWETransfer1.0
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Total112.6
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Berne Union 2008
Download the Berne Union 2008 publication