what risks does miga cover 
as a guarantee agency miga provides coverage against political risk including the risk of war the risk of currency inconvertibility and the risk of expropriation such as if the government nationalizes a project making it impossible to complete miga also protects against the risk that a sovereign nation doesn t honor its obligations 9the bottom linewith insurance from the multilateral investment guarantee agency cross border investors and lenders can confidently commit capital in developing countries miga promotes the flow of capital and investment as part of its mission to reduce poverty across the globe and its coverage reduces the risk of loss from political reasons such as war 