MIGA, a member of the World Bank Group, was established to promote foreign direct investment into emerging economies to improve people’s lives and reduce poverty. MIGA encourages investment by providing investors and lenders protection against
non-commercial risks through its political risk insurance.
MIGA has issued over US$30bn in guarantee coverage in more than 100 developing member countries. MIGA can cover equity investments, shareholder loans, shareholder loan guaranties, and non-shareholder loans. Investment projects must be financially and economically viable and meet MIGA’s social and environmental performance standards.

Through its investment guarantees, MIGA offers protection for cross-border investments against the following non-commercial risks:
transfer restriction; expropriation; war and civil disturbance; breach of contract; and non-honoring of sovereign financial obligations

Founded: 1988
Ownership: MIGA is owned by 179 member countries.