Political risk insurance expert evidence establishes whether a loss event constitutes a covered political peril under PRTC policies. Coverage disputes frequently turn on whether the cause of loss is political risk or commercial risk.
Experts analyse policy wording, host state conduct, waiting period compliance, and the political context of expropriation, political violence, and currency restriction claims. Lloyd's market and export credit agency policy structures require specialist knowledge.
Evidence is provided for LCIA and ICC coverage arbitrations, Commercial Court proceedings, and pre-action coverage assessments for policyholders and insurers.
Frequently Asked Questions
What insurance perils does expert evidence cover?
Expert evidence covers expropriation, political violence, currency inconvertibility and transfer restrictions, contract frustration, and the boundary between creeping expropriation and legitimate regulation under PRTC and bespoke political risk policies.
Who appoints the expert in a coverage dispute?
Each party typically appoints its own expert under IBA Rules or CPR Part 35. Single joint experts may be appointed by agreement or tribunal direction for narrow coverage questions requiring neutral analysis.