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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

terms & conditions

Terms & Conditions

Pricing

MIGA prices its guarantee premiums based on a calculation of both country and project risk. Fees average approximately one percent of the insured amount per year, but can be significantly lower or higher. Detailed information on premiums is available in Section VI of MIGA’s Operational Regulations.

Duration of guarantee

Coverage is for up to 15 years (possibly 20 if justified by the nature of the project). MIGA cannot terminate the contract unless the investor defaults on its contractual obligations to MIGA, but the investor may reduce or cancel coverage without penalty on any contract anniversary date starting with the third anniversary.

Coverage

Investors may choose any combination of the five types of coverage offered by MIGA. MIGA may insure up to $250 million per project, and if necessary more can be arranged through syndication of insurance.

Note that under the Small Investment Program, investors are offered a package covering currency inconvertibility and transfer restriction; expropriation; and war, terrorism, and civil disturbance.

 

Investors are encouraged to contact MIGA to discuss the type, amount, and duration of coverage that fits their needs. The business inquiries line is available by phone at +1.202.458.2538 or e-mail at migainquiry@worldbank.org.