Political turmoil across the globe has led to unprecedented risks for U.S. companies doing business abroad. A surge in nationalism and increasing influence by far-right political leaders worldwide have left even traditionally-stable nations subject to civil unrest, attacks on democratic institutions, and discrimination against foreign interests.

In light of such uncertainty, U.S. companies are increasingly turning to political risk coverage to protect their foreign investments. Once viewed as a risk mitigation tool necessary only in emerging markets, political risk policies have surged in popularity as companies search for stability in an increasingly turbulent global political climate.

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