Key benefits of MIGA’s political risk insurance (PRI): MIGA promotes foreign direct investment by providing POLITICAL RISK INSURANCE and CREDIT ENHANCEMENT to investors and lenders against losses caused by non-commercial risks. Below are some of the key benefits of MIGA’s political risk insurance. MIGA’s guarantees offer much more than just the assurance that losses will be recovered. MIGA’s insurance also benefits investors and lenders by: • Deterring harmful actions - MIGA’s status as a member of the World Bank Group and its relationship with shareholder governments provides additional leverage in protecting investments. • Resolving disputes - As an honest broker, MIGA intervenes at the first sign of trouble to resolve potential investment disputes before they reach claim status, helping to maintain investments and keep revenues flowing. If MIGA is unable to prevent a claim, our strong balance sheet allows us to make prompt payments. • Accessing funding - Our guarantees can help investors obtain project finance from banks and equity partners. • Lowering borrowing costs - MIGA-guaranteed loans may help reduce risk-capital ratings of projects. • Increasing tenors - The agency can provide insurance coverage for up to 15 years (in some cases 20), which may increase the tenor of loans available to investors. Providing extensive country knowledge - MIGA applies decades of experience, global reach, and knowledge of developing countries to each transaction. • Providing environmental and social expertise - MIGA helps investors and lenders ensure that projects comply with what are considered to be the world’s best social and environmental safeguards. • An independent MIGA Agent with extensive experience of the MIGA underwriting process offers investors and lenders advisory services on the underwriting process and options available to them. Please contact: William K. Dadzie (former MIGA staff) Pharos International Risk Advisors LLC E-mail: wdadzie@PharosRiskAdvisors Tel: +1-202-429-8457
Posted on: Thu, 21 Aug 2014 03:56:03 +0000
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