Chadbourne represents project developers, lenders and political risk insurers in political risk insurance matters. Broadly, our political risk practice involves the negotiation of the terms of political risk coverages and the representation of claimants and insurers in resolving prospective and actual claims. We have represented project developers in the prosecution and resolution of actual or prospective political risk insurance claims against both official and commercial insurers involving projects in Asia, Africa and Latin America.
We also assist project developers and institutional lenders in reviewing their political risk coverage to identify gaps in coverage and other risks and issues with their political risk insurance policies for their emerging market investments. We have also advised several leading public sector and commercial political risk insurers as they develop and implement new products that respond to changing market conditions and opportunities. Chadbourne has advised each of the Overseas Private Investment Corporation, the Asian Development Bank, the World Bank, Sovereign Risk Insurance, Zurich Emerging Markets Solutions and AIG in the development of novel political risk insurance structures.
The political risk practice works closely with our project finance and reinsurance arbitration groups. Our world-renowned project finance expertise, combined with our substantive experience in insurance matters and strategic advice in managing litigation, enables our clients to resolve investment disputes and political risk insurance disputes efficiently and effectively.
Kenneth Hansen’s practice involves representing bilateral, multilateral and commercial lenders as well as project developers in structuring, negotiating and implementing domestic and international project financings, particularly in the energy sector. He leads Chadbourne’s extensive practice in...