Latin American political changes spur interest in cover.

This article reports on investors' interest on political risk insurance coverage due to a trend toward left-leaning, populist governments across Latin America, according to brokers and insurers as of February 2006. Investor concerns appear greatest over conditions in Bolivia and Venezuela, said David Garlow, vice president of country risk management for AIG Global Trade & Political Risk Insurance Co. He noted that submissions for political risk insurance covering expropriations have trended upward during the past six months, as investors seek coverage against expropriations in the two nations.