Beckman Instruments, Inc. (Beckman) brought a claim before the American Arbitration Association (AAA) against the Overseas Private Investment Corporation (OPIC) to recover under insurance policies issued by OPIC certain losses sustained by Beckman in connection with the liquidation of Beckman’s wholly owned subsidiary, Aplar, S.A. (Aplar) in El Salvador. The OPIC insurance policies provided protection against injury directly caused by war, revolution or insurrection. Beckman’s local plant manager and a visiting Beckman engineer were kidnapped in El Salvador, setting in motion a chain of events leading to closure of the subsidiary and liquidation of the assets at a considerable loss to Beckman. OPIC denied Beckman’s claim for recovery of its losses under the OPIC insurance policies. The three-member AAA tribunal held: that the losses sustained by Beckman in connection with the liquidation of Aplar were the direct result of an act of insurrection—the kidnapping—and, consequently, were covered under the OPIC insurance policies, but that Beckman was not entitled to any compensation because the OPIC policies required that amounts received in compensation from other insurance companies and the value of all property recovered be set off against the amount that would otherwise be payable by OPIC.