MIGA aims to support countries in fragile and conflict-affected settings (FCS) rebound and rebuild.
Private sector insurers are typically unwilling to work in FCS, and foreign investors perceive heightened political risks in these situations. MIGA’s mission is to provide political risk insurance in these circumstances so that underlying risks can be mitigated, and there can be a positive impact on private investment flows into these challenging environments. MIGA’s total gross exposure in FCS countries in FY18 is US$1.7 billion.
Our political risk insurance instruments are especially applicable to FCS settings. MIGA offers coverage against war and civil disturbance, expropriation, breach of contract, and currency transfer and convertibility risk— risks that private investors seek to mitigate when investing overseas.
*Current gross exposure as of 4/2019
Watch the following video to learn more about a MIGA project in Afghanistan and how private investment is helping build a new agribusiness industry after decades of conflict.