Investments in Lebanon profit from insurance against political risks provided by The National Investment Guarantee Corporation (NIGC). The corporation which benefits from a government guarantee since 1977, continues to encourage new investments by Lebanese or foreign commercial companies insuring them against political risks, civil strife, riots, confiscation and expropriation, provided that an annual premium of 0.2% of the insured amount is paid.
Other main investment insurance programs operating in Lebanon include:
Multilateral Investment Guarantee Agency(MIGA): member of the World Bank Group. MIGA has been operating in Lebanon since 1994, providing guarantees to investors and lenders. Its protect investments against non-commercial risks and can help investors obtain access to funding sources with improved financial terms and conditions.
Overseas Private Investment Corporation(OPIC-US): Delivers finance innovations that help U.S. businesses successfully enter, grow and compete in emerging markets.
COFACE (France): COFACE offers to companies of all sizes, business sectors and nationalities, a full and modular range of products with the aim of optimizing their trade receivables management: credit insurance, factoring, services of business information, debt collection and invoice management.
Export Credits Guarantee Department (ECGD- UK): ECGD complements the private market by providing assistance to exporters and investors, initially in the form of insurance and guarantees to banks.
Hermes Kreditversicherungs-AG(HERMES-Germany): The German credit insurance company provides tailored solutions for risk management and problems of turnover control and security.
Istituto per i Servizi Assicurativi e il Credito all'Espotazione (SACE-Italy): In addition to credit insurance, SACE provides integrated credit management solutions, such as the protection of investments, sureties and financial guarantees for commercial and financial transactions, in addition to offering arrangements for project and structured finance.
Inter-Arab Investment Guarantee Corporation(IAIGC): IAIGC provides insurance coverage for Arab and non-Arab investments in Lebanon and all its member countries against non-commercial risks such as nationalization, confiscation, expropriation, civil disturbances, currency transfer risks, default, insolvency, bankruptcy and breach of contract.