The IUA's Political Risks Committee was established in 2013 and covers risks of both a political risk and trade credit nature. The Committee considers issues relating to Non-Payment (including Sovereign Non-Payment), Exchange Transfer, Political Interference, Political Violence, Supply Chain Distribution, Currency Risk, Legal & Regulatory Risk, Government Risk (primarily failure of governments to honour obligations), and other Credit Insurance. This includes technical underwriting and claims aspects, as well as a broader review of such risks with regard to doing business in certain jurisdictions and industries.
Download the Political Risk Committee's Terms of Reference