Insurance: Risky business
Emergency legislation enacted by the Argentine Government in response to its economic crisis has left many foreign investors high and dry. Roger Enock and Rajesh Singh look at how far they will be able to rely on their political risk insurance policies for redress
There is nothing new in countries taking drastic measures in the face of faltering economies and currency crises – one needs only look to Mexico, Thailand, Malaysia, Indonesia, Russia and Brazil for examples of this in the past 10 years.
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