Old Risks-New Solutions, or Is It The Other Way Around is the latest in a series of volumes which examines new developments in the political risk insurance (PRI) industry. Based on presentations made at the 2010 MIGA Georgetown Symposium, it provides important insights into challenges facing investors and practitioners from the political risk insurance (PRI) industry, including investors, insurers, brokers, lenders, academics and members of the legal community. This volume reflects the key issues which have faced investors and insurers alike including arbitration and a dynamically evolving marketplace. Contributors to this volume reflect on the evolution of the PRI industry during a period of dramatic changes in the marketplace. Not only has the crisis had a tremendous impact on the volume of investment projects, particularly into developing countries, but also on the perception of risk and claims management. The volume begins with a look at the global market place in the aftermath of the financial crisis from an insurer's perspective. It continues with an overview of claims experience and key issues investors should understand when relying on bilateral investment treaties. The volume then examines challenges facing investors and insurers alike when considering sovereign risk within the context of political risk. The volume concludes with an overview of the PRI industry and its evolution over time - how did insurers see the global marketplace evolving over time, what are they predicting now, and how much has it really changed? Old Risks - New Solutions provides valuable insights for practitioners and investors alike, particularly in today's turbulent and uncertain markets.

Book Information
ISBN 9780821398777
Author Gero Verheyen
Format Paperback
Page Count 128
Imprint World Bank Publications
Publisher World Bank Publications