Multinationals are discovering that insurers aren’t offering products to protect from financial loss in that country. As Iraq suffers from deepening insurgency, it is becoming increasingly difficult for multinational corporations to be able to find the business insurance coverage that they need to be able to protect themselves from the potential financial losses that they face from doing business in that country. It has reached the point that “political risk” insurance is nearly impossible to purchase. Without that form of business insurance, companies wouldn’t have any protection against having their…
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