Political Risk Insurance

 

The U.S. International Development Finance Corporation (DFC) partners with the private sector to finance solutions to the most critical challenges facing the developing world today. DFC invests across sectors including energy, healthcare, critical infrastructure, food security, and small business support. DFC investments adhere to high standards and respect the environment, human rights, and worker rights. DFC provides Political Risk coverage of up to $1 billion against losses due to currency inconvertibility, government interference, and political violence including terrorism. DFC also offers reinsurance to increase underwriting capacity.

Active 87.006 United States International Development Finance Corporation G - Insurance Fiscal Year 2023 Expanding access to healthcare in Africa: $15 million in insurance to a multi-faceted project encompassing a private pharmacy chain, a pharmaceutical and consumer goods wholesaler, and an independent healthcare clinic chain, help support consumers underserved by existing health providers and private sector pharmacies. 22 U.S.C. 9621(d)
BUILD Act of 2018 DFC supports investment in more than 100 countries around the world and prioritizes investment in low- and lower-middle-income countries, as defined by the World Bank. DFC may consider projects in certain upper-middle-income countries that address key agency priorities or serve underserved communities. Investors must be willing and able to make sufficient financial investment to the project to support its long-term viability. Projects DFC supports must demonstrate the competence of the management team and financial records in the same or a closely related business that show a recent record of success. All DFC projects are required to be conducted with respect for the environment, worker rights, human rights, and local communities, while also encouraging a positive host country impact. Other underwriting policies apply. Subject to negotiated terms and conditions. See .

Beneficiary Eligibility

Not applicable.

Credentials/Documentation

Yes - Investors and other persons will be required to provide information to support DFC's screening. See .

What is the process for applying and being award this assistance?

Pre-Application Procedure

Preapplication coordination is required. See .

Application Procedure

This program is excluded from coverage under 2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards.

Award Procedure

See .

Deadlines

Contact the headquarters or regional location, as appropriate for application deadlines

Approval/Disapproval Decision Time

Not applicable.

Appeals

Not applicable.

Renewals

Not applicable.

How are proposals selected?

Subject to negotiated terms and conditions. See . See .

How may assistance be used?

Subject to negotiated terms and conditions. See . See Projects and Investments produce positive developmental impacts, apply best practices with respect to environmental and social safeguards, and respect human rights, including worker rights.

What are the requirements after being awarded this opportunity?

Reporting

Not applicable.

Auditing

Not applicable.

Records

Not applicable.

Other Assistance Considerations

Formula and Matching Requirements

Statutory formula is not applicable to this assistance listing.

Matching requirements are not applicable to this assistance listing.

MOE requirements are not applicable to this assistance listing.

Length and Time Phasing of Assistance

Subject to negotiated terms and conditions.

Who do I contact about this opportunity?

Regional or Local Office

None/Not specified.

Headquarters Office

Insurance Officer
1100 New York Ave NW
Washington, DC 20527 USA
info@dfc.gov
Phone: 2023368400

Website Address

https://www.dfc.gov/what-we-offer/our-products/political-risk-insurance

Financial Information

Account Identification

77-4483-0-3-151

Obligations

(Insurance) FY 22 FY 23 est $1,571,000,000.00; FY 24 Estimate Not Available -

Range and Average of Financial Assistance

Not applicable/available.

Regulations, Guidelines and Literature

See ; See

Examples of Funded Projects

Fiscal Year 2023 DFC Expanded access to healthcare in Rwanda by insuraing a multi-faceted project encompassing a private pharmacy chain, a pharmaceutical and consumer goods wholesaler, and an independent healthcare clinic chain. The project will help support consumers underserved by existing health providers and private sector pharmacies. DFC supported critical healthcare services in Ukraine: Political risk insurance to support efforts to provide critical healthcare for war trauma survivors in Ukraine.