Political Risk insurance in Somalia

[Ras]

I'm only finding insurance for hostage or terrorism.

Are there any firms providing micro & macro risk insurance policies for ventures in Somalia?

Could see profitable yields there even with the high risk of corruption/expropriation.

Without it I don't see any way foreign investors or financeers would fund businesses in Somalia.

 

[repo]

There's a company called Takaaful which does insurance. I think the type of insurance foreign investors need come from investment treaties which means if they lose their property or the state takes over an asset they get compensation. There won't be major investment in Somalia until there's legal clarity such as land reform since agriculture is the most prospective investment.