Coups, riots, civil wars: Companies buy huge policies covering political upheaval
(Newser) -
Political-risk insurance has quietly become a billion-dollar industry, the Economist reports, as Western corporations doing business in the developing world crave protection against coups, embargoes and civil wars. The Berne Union, a syndicate of 30 of the field's biggest insurers, says members have $113 billion in outstanding policies in some...
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