Political Risk definition

Political Risk means, in relation to a State Party, the risk of a change in the political situation of that State Party stemming from, among other things, a change in the control of the government of that State Party, a change in the social fabric of that member State, or the existence of other non-economic factors which affect that State Party. Political risk covers the potential for (i) internal and external conflicts within or involving that State Party, (ii) the expropriation of property in that State Party, and (iii) the inconvertibility of the currency of that State Party: The assessment of political risk requires an analysis of factors such as the relationships between various groups in that State Party, the decision-making process in the government of that State Party, and the history of that State Party;

Political Risk means the non-payment of all or part of an insured receivable by a Buyer due to the occurrence of one of the following events in a country for which a Waiting Period is specified in the Special Terms: If there is no Waiting Period or the Waiting Period is “none,” there shall be no Political Risk cover for Buyers located in that country.

Political Risk means any type of event, organized resistance or actions intending or implying the intention to overthrow, supplant or change the existing ruler or constitutional government, including but not limited to nationalization; confiscation; expropriation (including selective discrimination and forced abandonment); deprivation; requisition; revolution; rebellion; insurrection; civil commotion assuming to proportion of or amounting to an uprising and military and usurped power. Pre-existing medical condition(s) means a sickness, injury or medical condition, whether or not diagnosed by a physician:

Examples of Political Risk in a sentence

• Political Risk: the risk of government intervention is particularly high in the emerging markets because of both the political climate in many of these countries and the less developed character of their markets and economies.

• Political Risk means any extraordinary political events occur which prevent payments or procurement of funds and covers events such as acts of war, revolutions, change of government or political system, riots or civil unrest or the like in the country(ies) of the Issuing bank and the Confirming bank (if any).

• Political Risk: Many emerging market countries are undergoing, or have undergone in recent years, significant political change which has affected government policy, including the regulation of industry, trade, financial markets and foreign and domestic investment.

• See, for example, Jonathan Hall, “Arctic Enterprise: The China Dream Goes North,” Journal of Political Risk, September 2019.

• Wrightson ICAP, “Treasury Refunding Preview,” Money Market Observer, July 29, 2013; Alex Phillips, “The Smaller Deficit Should Extend the Next Debt Limit Deadline Slightly,” U.S. Daily issue brief, Goldman Sachs Global Investment Research, May 3, 2013; Citi Research, “U.S. Political Risk Autumn Budget Battles and the Next Fed Chair Outlook,” research brief, August 5, 2013.

More Definitions of Political Risk

Political Risk. Political risk includes a greater potential for coups d’état, revolts, and expropriation by govern- mental organizations.

Political Risk means a Risk described in Subsections 2(4), 2(5), 2(6) or 2(7);

Political Risk means M/T Transfer Risk or Other M/T Political Risk. “Political Risk Guarantee” shall have the meaning set forth in Section 4.01.

Political Risk is the risk that an investment’s returns could suffer as a result of political changes or instability in a country. Instability affecting investment returns could stem from a change in government, legislative bodies, other foreign policy makers, or military control.

Political Risk means where the Insured is unable to fulfill its obligations under the Contract of Sale as a direct result of one or more of the following:

Political Risk means Transfer Risk, Covered Expropriation Risk, Political Violence Risk or Export License Risk.

Political Risk means a Risk described in Subsection 1(4), 1(5), 1(6), or 1(7),