by rw | Sep 1, 2008 | Articles, Claims, OPIC, PRI Claims
The Overseas Private Investment Corporation (OPIC) has long experience arbitrating PRI claims. We invited Robert O’Sullivan, OPIC’s Associate General Counsel, Insurance Claims, to discuss that experience and OPIC’s views of arbitration as a means of dealing with...
by rw | Sep 1, 2008 | Articles, Claims, PRI Claims
A PRI policyholder may make one or more unpleasant discoveries when a political risk loss occurs: The policy doesn’t address what happened or doesn’t clearly do so Policy exclusions or limitations bar or diminish compensation Recovery under the policy is barred or...
by rw | Apr 1, 2007 | Articles, Claims, PRI Claims
In our previous edition we asked PRI claims managers to address questions about the claims process. For the buyer/broker perspective, we sought the opinions of Charles Berry, Chairman of BPL Global, Maura Garych, Senior Vice President, Political Risk Practice, at...
by rw | Nov 1, 2006 | Articles, Claims, PRI Claims
The PRI claims process often receives attention only when losses threaten or occur. By being knowledgeable and prepared to deal with these situations policyholders can avoid delayed compensation, unnecessary effort and expense, or worse, impairment of an otherwise...
by rw | Apr 1, 2005 | Articles, Claims, Lenders Cover, PRI Claims, PRI Products and Coverages, PRI Wordings
We invited David Neckar, Practice Leader, Political Risks and Credit Insurance, Global Markets of Willis Ltd. to comment on issues that have arisen out of recent political risk insurance claims in Argentina. Two countries “separated by a common language” was...
