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Reinsurance | Multilateral Investment Guarantee Agency | World Bank Group
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mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:bb0f7625-bb47-443e-970d-63eed0802d48" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="History"> <a href="/web/20181109142709/http://www.miga.org/history"> History </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="views_view:views.bio_listing.page_1" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Senior Management"> <a href="/web/20181109142709/http://www.miga.org/about/management"> Senior Management </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:c461cd35-e1d1-4531-a338-95113f3ebdbd" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Member Countries"> <a href="/web/20181109142709/http://www.miga.org/member-countries"> Member Countries </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:954104c5-c22b-48ab-9af6-0d91d757d94e" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Board of Directors"> <a href="/web/20181109142709/http://www.miga.org/board-directors"> Board of Directors </a> </li> </ul> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-3"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:dd05aa1c-b323-44a7-8a8e-a3de1a5b5c76" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Frequently Asked Questions"> <a href="/web/20181109142709/http://www.miga.org/frequently-asked-questions"> Frequently Asked Questions </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:90ad33fa-1198-4fbd-801f-3f6f80d8bcf5" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Political Risk Insurance"> <a href="/web/20181109142709/http://www.miga.org/political-risk-insurance"> Political Risk Insurance </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:1756ab2d-0a1f-4a8a-afba-787191dc9367" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Annual Reports"> <a href="/web/20181109142709/http://www.miga.org/annual-reports"> Annual Reports </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:c6acc5f4-a986-4428-bd10-9b1f09880054" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="MIGA Convention"> <a href="/web/20181109142709/http://www.miga.org/miga-convention"> MIGA Convention </a> </li> </ul> </div> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-1 mega mega-align-justify dropdown" data-id="menu_link_content:d67017d2-90b2-44bd-9e84-d77c369d9e5b" data-level="1" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="justify" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="What We Do"> <a href="/web/20181109142709/http://www.miga.org/what-we-do" class="dropdown-toggle"> What We Do <span class="caret"></span> </a> <div class="tb-megamenu-submenu dropdown-menu mega-dropdown-menu nav-child" data-class="" data-width="1200" style="width: 1200px;"> <div class="mega-dropdown-inner"> <div class="tb-megamenu-row row-fluid"> <div data-showblocktitle="0" class="tb-megamenu-column span6 mega-col-nav testingCAKES" data-class="testingCAKES" data-width="6" data-hidewcol="0" id="tb-megamenu-column-4"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <div class="tb-block tb-megamenu-block" data-type="block" data-block="ourproductsdropdowndescription"> <div class="block-inner"> <section id="block-block-contentebe7bcd2-883a-4644-abd4-609eda908b5a" class="block block-block-content block-block-contentebe7bcd2-883a-4644-abd4-609eda908b5a clearfix"> <div class="block-content block-content--type-mega-menu-dropdown-description block-content--view-mode-full ds-2col clearfix"> <div class="group-left"> <div class="field field--name-field-image field--type-image field--label-hidden clearfix field--item"> <img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_teaser/public/2018-06/megamenu-thumbnail-products.png?itok=FhKjNFnJ" width="1600" height="1100" alt="Young woman bending down to tending to her outside chores " typeof="foaf:Image" class="img-responsive"/> </div> </div> <div class="group-right"> <div class="dropdown-title"> What We Do</div> <p>Explore different types of political risk insurance guarantees provided to investors and lenders.</p> <div class="reverse btn-orange-outline"> <a href="/web/20181109142709/http://www.miga.org/what-we-do">Learn More</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav menu-first-column" data-class="menu-first-column" data-width="3" data-hidewcol="" id="tb-megamenu-column-5"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega dropdown-submenu" data-id="menu_link_content:54de4e6e-9b39-4cbc-9daf-cd1ba73bf29d" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Our Products"> <a href="/web/20181109142709/http://www.miga.org/products" class="dropdown-toggle"> Our Products <span class="caret"></span> </a> <div class="tb-megamenu-submenu dropdown-menu mega-dropdown-menu nav-child" data-class="" data-width=""> <div class="mega-dropdown-inner"> <div class="tb-megamenu-row row-fluid"> <div class="tb-megamenu-column span12 mega-col-nav" data-class="" data-width="12" data-hidewcol="0" id="tb-megamenu-column-6"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-2 items-5"> <li class="tb-megamenu-item level-3 mega" data-id="menu_link_content:9d41a26c-06ae-40bc-9083-efdfe615088f" data-level="3" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Currency Inconvertibility and Transfer Restriction"> <a href="/web/20181109142709/http://www.miga.org/product/currency-inconvertibility-and-transfer-restriction"> Currency Inconvertibility and Transfer Restriction </a> </li> <li class="tb-megamenu-item level-3 mega" data-id="menu_link_content:e533fa8b-85c0-412a-b2f2-9e79a47eb95d" data-level="3" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Expropriation"> <a href="/web/20181109142709/http://www.miga.org/product/expropriation"> Expropriation </a> </li> <li class="tb-megamenu-item level-3 mega" data-id="menu_link_content:336b51ea-500c-4803-905a-f0128db121a2" data-level="3" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Breach of Contract"> <a href="/web/20181109142709/http://www.miga.org/product/breach-contract"> Breach of Contract </a> </li> <li class="tb-megamenu-item level-3 mega" data-id="menu_link_content:94e6e5ed-1728-450f-9813-96b663bba1a5" data-level="3" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Non-Honoring of Financial Obligations"> <a href="/web/20181109142709/http://www.miga.org/product/non-honoring-financial-obligations"> Non-Honoring of Financial Obligations </a> </li> <li class="tb-megamenu-item level-3 mega" data-id="menu_link_content:4f3f545d-49a4-42df-af7e-6636e3c64da2" data-level="3" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="War, Terrorism, and Civil Disturbance"> <a href="/web/20181109142709/http://www.miga.org/product/war-terrorism-and-civil-disturbance"> War, Terrorism, and Civil Disturbance </a> </li> </ul> </div> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:199d95b4-dbd1-4cd3-8e77-4735a0af92fe" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Our Process"> <a href="/web/20181109142709/http://www.miga.org/our-process"> Our Process </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:51ba7fe0-9a1f-4346-88b7-46e6d0aa6656" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Small Investment Program"> <a href="/web/20181109142709/http://www.miga.org/small-investment-program"> Small Investment Program </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:ba6a8efb-a9f8-4aaa-bd10-e40fae31f905" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Private Equity Fund Insurance"> <a href="/web/20181109142709/http://www.miga.org/private-equity-fund-insurance"> Private Equity Fund Insurance </a> </li> </ul> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-7"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-4"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:b70a1af0-b037-45fa-bf4a-d3ef39586687" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Dispute Resolution"> <a href="/web/20181109142709/http://www.miga.org/dispute-resolution"> Dispute Resolution </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:3c7ac0b4-1bea-47d0-9d77-010bb996dacf" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Broker Information"> <a href="/web/20181109142709/http://www.miga.org/broker-information"> Broker Information </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:7f344195-72bc-4be6-ab48-6db64d61bd31" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Reinsurance"> <a href="/web/20181109142709/http://www.miga.org/reinsurance"> Reinsurance </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:ec9025d3-a946-439a-a153-b77bdd48a2f8" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Trust Funds"> <a href="/web/20181109142709/http://www.miga.org/trust-funds"> Trust Funds </a> </li> </ul> </div> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-1 mega company-logo" data-id="menu_link_content:c55c50e0-c437-40f6-bb44-35ed4244c50a" data-level="1" data-type="menu_item" data-class="company-logo" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Home"> <a href="/web/20181109142709/http://www.miga.org/"> Home </a> </li> <li class="tb-megamenu-item level-1 mega mega-align-justify dropdown" data-id="menu_link_content:cdc1681f-a0b4-43e1-9bd7-1d9042436d7c" data-level="1" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="justify" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Projects"> <a href="/web/20181109142709/http://www.miga.org/projects" class="dropdown-toggle"> Projects <span class="caret"></span> </a> <div class="tb-megamenu-submenu dropdown-menu mega-dropdown-menu nav-child" data-class="" data-width="1200" style="width: 1200px;"> <div class="mega-dropdown-inner"> <div class="tb-megamenu-row row-fluid"> <div data-showblocktitle="0" class="tb-megamenu-column span6 mega-col-nav" data-class="" data-width="6" data-hidewcol="" id="tb-megamenu-column-8"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <div class="tb-block tb-megamenu-block" data-type="block" data-block="projectsdropdowndescriptions"> <div class="block-inner"> <section id="block-block-content158a8e0f-70f2-4039-b88d-9527c0f118be" class="block block-block-content block-block-content158a8e0f-70f2-4039-b88d-9527c0f118be clearfix"> <div class="block-content block-content--type-mega-menu-dropdown-description block-content--view-mode-full ds-2col clearfix"> <div class="group-left"> <div class="field field--name-field-image field--type-image field--label-hidden clearfix field--item"> <img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_teaser/public/2018-06/megamenu-thumbnail-projects.png?itok=ysuTQBJj" width="1600" height="1100" alt="Hyundai building " typeof="foaf:Image" class="img-responsive"/> </div> </div> <div class="group-right"> <div class="dropdown-title"> Projects</div> <p>Explore global projects that support economic growth, reduce poverty and improves people’s lives.</p> <div class="reverse btn-orange-outline"> <a href="/web/20181109142709/http://www.miga.org/projects">Learn More</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-9"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-2"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:5ef898ca-8adf-4213-b937-a1caba1719dd" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Access to Information"> <a href="/web/20181109142709/http://www.miga.org/access-information"> Access to Information </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:bff2e072-e1db-4f4d-803e-12a1e8f955f7" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Integrity"> <a href="/web/20181109142709/http://www.miga.org/integrity"> Integrity </a> </li> </ul> </div> </div> </div> </div> </div> </li> <li class="tb-megamenu-item level-1 mega mega-align-justify dropdown" data-id="menu_link_content:9dcc3557-6736-4932-a8bc-943aa53d8b90" data-level="1" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="justify" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Our Impact"> <a href="/web/20181109142709/http://www.miga.org/our-impact" class="dropdown-toggle"> Our Impact <span class="caret"></span> </a> <div class="tb-megamenu-submenu dropdown-menu mega-dropdown-menu nav-child" data-class="" data-width="1200" style="width: 1200px;"> <div class="mega-dropdown-inner"> <div class="tb-megamenu-row row-fluid"> <div data-showblocktitle="0" class="tb-megamenu-column span6 mega-col-nav" data-class="" data-width="6" data-hidewcol="" id="tb-megamenu-column-10"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <div class="tb-block tb-megamenu-block" data-type="block" data-block="ourimpactdropdowndescription"> <div class="block-inner"> <section id="block-block-content968dbe2b-5825-4f0a-8a25-d654c2bdc933" class="block block-block-content block-block-content968dbe2b-5825-4f0a-8a25-d654c2bdc933 clearfix"> <div class="block-content block-content--type-mega-menu-dropdown-description block-content--view-mode-full ds-2col clearfix"> <div class="group-left"> <div class="field field--name-field-image field--type-image field--label-hidden clearfix field--item"> <img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_teaser/public/2018-06/megamenu-thumbnail-impact.png?itok=EfGE236x" width="1600" height="1100" alt="Hands husking peas into a basket full of peas" typeof="foaf:Image" class="img-responsive"/> </div> </div> <div class="group-right"> <div class="dropdown-title"> Our Impact</div> <p>Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.</p> <div class="reverse btn-orange-outline"> <a href="/web/20181109142709/http://www.miga.org/our-impact">Learn More</a></div> </div> </div> </section> </div> </div> </div> </div> <div class="tb-megamenu-column span3 mega-col-nav" data-class="" data-width="3" data-hidewcol="" id="tb-megamenu-column-11"> <div class="tb-megamenu-column-inner mega-inner clearfix"> <ul class="tb-megamenu-subnav mega-nav level-1 items-8"> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:04f5bcc6-15b8-44a2-8a9b-9ff83107cc58" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Climate Change"> <a href="/web/20181109142709/http://www.miga.org/climate-change"> Climate Change </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:ce8cfb33-8562-4d03-9328-21cab1ee97c7" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Environmental & Social Sustainability"> <a href="/web/20181109142709/http://www.miga.org/environmental-social-sustainability"> Environmental & Social Sustainability </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:e5059f3f-23da-40eb-a01b-74787e7bdbc6" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Low and Middle Income Countries"> <a href="/web/20181109142709/http://www.miga.org/low-and-middle-income-countries"> Low and Middle Income Countries </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:dcf57258-8bbd-4458-940c-150547a4dbde" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Sustainable Development Goals"> <a href="/web/20181109142709/http://www.miga.org/sustainable-development-goals"> Sustainable Development Goals </a> </li> <li class="tb-megamenu-item level-2 mega" data-id="menu_link_content:fb84ac45-1f6a-4173-a43f-6727305900f9" data-level="2" data-type="menu_item" data-class="" data-xicon="" data-caption="" data-alignsub="" data-group="0" data-hidewcol="0" data-hidesub="0" data-label="Water"> <a 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</header> <div role="main" class="main-container container js-quickedit-main-content"> <div class="row"> <section class="col-sm-12"> <div class="highlighted"> <div class="region region-highlighted"> </div> </div> <a id="main-content"></a> <div class="region region-content"> <div class="container"> <div class="row header-section"> <div class="col-sm-12 layout__region"> <div><div class="block-region-top"><section class="block block-ctools block-entity-viewnode clearfix"> <div data-history-node-id="121" role="article" about="/reinsurance" typeof="schema:WebPage" class="page header clearfix"> <div class="basic-page-header basic-page-header-with-image basic-page-header-what-we-do"> <img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/2018-06/header_indian-schoolkids.jpg"/> <div class="header-overlap-textarea"> <div class="page-type page-type-what-we-do page-type--shadow">what we do</div> <h2> <div class="field field--name-field-foreign-language-title field--type-string field--label-hidden clearfix field--item">Reinsurance</div> </h2> </div> </div> </div> </section> </div></div> </div> </div> <div class="row main-content basic-page-grid"> <div class="layout__region_first"> <!-- Add to Any --> <div><div class="block-region-first"><section class="block block-addtoany block-addtoany-block clearfix"> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="http://www.miga.org/reinsurance" data-a2a-title="Reinsurance"><a class="a2a_button_twitter"><i class="fa fa-twitter"></i></a><a class="a2a_button_linkedin"><i class="fa fa-linkedin" aria-hidden="true"></i></a><a class="a2a_button_facebook"><i class="fa fa-facebook" aria-hidden="true"></i></a><a class="a2a_button_email"><img src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/images/email.svg"></a></span> </section> </div></div> </div> <div class="layout__region_second"> <!-- Paragraphs and second Add to Any --> <div><div class="block-region-second"><section class="block block-ctools block-entity-viewnode clearfix"> <div data-history-node-id="121" class="layout layout--onecol"> <div class="layout__region layout__region--content"> <div class="field field--name-field-body-paragraphs field--type-entity-reference-revisions field--label-hidden field--items"> <div class="field--item"> <div class="paragraph paragraph--type--content paragraph--view-mode--default paragraph--id--3636"> <div class="paragraph__column"> <div class="field field--name-field-body field--type-text-long field--label-hidden clearfix field--item"><p>Since 1997, MIGA has successfully used reinsurance to leverage its investment guarantee capacity, manage the risk profile of its portfolio and foster the growth of the private political risk insurance market. Significant benefits have accrued both to MIGA's investors, who have gained access to larger levels of coverage for projects in developing countries, and to the host countries that have benefited from much higher levels of productive foreign investment.</p> <p><strong>Syndication/ceding risk</strong> - Whenever a project exceeds MIGA's own capacity, the agency reinsures itself, through a syndication process, with private and public sector (re)insurance companies in order to meet its clients’ needs. MIGA’s main programs are treaty and facultative reinsurance.</p> <p><strong>Assuming risk </strong>- In addition to attracting capacity from private and public insurers in order to support projects in its member countries, MIGA also provides such capacity to primary insurers. Currently MIGA provides this kind of assistance mainly to public insurers, but also welcomes inquiries from private insurers. MIGA's ability to provide reinsurance is conditioned on, among other factors, whether the agency's environmental and social policy clauses can be included in the contract of the primary insurer.</p> <p>MIGA's reinsurance partners change over time, as new members are added and some companies withdraw from the market.</p> <p><strong>Syndication Process</strong><br/> When MIGA sets out to attract additional insurance capacity through facultative reinsurance (FACRE), it takes the following steps:</p> <ul><li>Preliminary discussions with a number of potential (re)insurers take place on a no-name basis. MIGA informs the client on indicative available capacity and premium rates. The client authorizes MIGA to seek capacity with the FACRE program through a mandate letter and pays applicable syndication fees.</li> <li>MIGA sends out formal invitations to potential reinsurers.</li> <li>Reinsurers indicate to MIGA the capacity they wish to offer and agree to basic terms and conditions.</li> <li>The selection of partners is made by MIGA.</li> <li>Syndicate is formed and participating reinsurers are informed.</li> <li>Underwriting package and transaction documentation are sent to syndicate members for their review.</li> <li>Signing of the Contract of Reinsurance and the Contract of Guarantee.</li> </ul></div> </div> </div> </div> </div> </div> </div> </section> <section class="block block-addtoany block-addtoany-block clearfix"> <span class="a2a_kit a2a_kit_size_32 addtoany_list" data-a2a-url="http://www.miga.org/reinsurance" data-a2a-title="Reinsurance"><a class="a2a_button_twitter"><i class="fa fa-twitter"></i></a><a class="a2a_button_linkedin"><i class="fa 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class="explore-more view view-related-content view-id-related_content view-display-id-explore_more js-view-dom-id-efdcea4ca86a1d6eaca2e8bee9163fd47c85d5a0f670454716feea6e0c137ce5"> <div class="view-content"> <div> <div id="flexslider-1" class="flexslider optionset-flexslider-carousel-with-four-up"> <ul class="slides"> <li> <div class="inner"> <div data-history-node-id="96" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">What We Do</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20181109142709/http://www.miga.org/our-process">Our Process</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">Learn about our underwriting process for client projects and the requirements for MIGA coverage.</div> </div> <div class="background-multiply"> <a href="/web/20181109142709/http://www.miga.org/our-process"><img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/assembly-line.jpg?h=883a99e1&itok=ZUZzbzPy" width="800" height="880" alt="assembly line" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="101" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">What We Do</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20181109142709/http://www.miga.org/small-investment-program">Small Investment Program</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">This program facilitates investments into small and medium-size enterprises involved in the finance, agribusiness, manufacturing and services sectors.</div> </div> <div class="background-multiply"> <a href="/web/20181109142709/http://www.miga.org/small-investment-program"><img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/picking-fruit.jpg?h=4c6cd391&itok=S_ymnNpK" width="800" height="880" alt="picking fruit" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="106" 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href="/web/20181109142709/http://www.miga.org/private-equity-fund-insurance"><img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/worker.jpg?h=676a92ff&itok=JOhPSpz1" width="800" height="880" alt="worker" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="111" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">What We Do</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20181109142709/http://www.miga.org/dispute-resolution">Dispute Resolution</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">MIGA provides an umbrella of deterrence against government actions, to enhance investor confidence and resolve potential disputes.</div> </div> <div class="background-multiply"> <a href="/web/20181109142709/http://www.miga.org/dispute-resolution"><img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/south-america-farm.jpg?h=676a92ff&itok=HfPB63WL" width="800" height="880" alt="south america farm" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="116" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">What We Do</div> <div class="field field--name-field-short-title field--type-string field--label-hidden field--item"><h3 class="page-title"><a href="/web/20181109142709/http://www.miga.org/broker-information">Broker Information</a></h3></div> <div class="field field--name-field-teaser field--type-string field--label-hidden clearfix field--item">Learn more about our work with political risk insurance brokers. We accept business from brokers of all nationalities who have been formally approved.</div> </div> <div class="background-multiply"> <a href="/web/20181109142709/http://www.miga.org/broker-information"><img src="/web/20181109142709im_/http://www.miga.org/sites/default/files/styles/miga_standard/public/2018-06/nigeria.jpg?h=676a92ff&itok=y8_EuNdX" width="800" height="880" alt="nigeria highway" typeof="foaf:Image" class="img-responsive"/> </a> </div> </div> </div> </li> <li> <div class="inner"> <div data-history-node-id="126" class="node node--type-page node--view-mode-explore ds-1col clearfix" typeof="schema:WebPage"> <div class="field--name-field-page-type-icon"><img class="icon icon-normal" src="/web/20181109142709im_/http://www.miga.org/themes/custom/miga/svg/miga-icons/CONTENT-TYPE_white-page.svg" alt="page"></div> <div class="explore--overflowing-text"> <div class="field--name-field-page-type">What We Do</div> <div class="field field--name-field-short-title field--type-string 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