Average Ransom Demand in 2012

in Business Risk, Transnational Crime

The worldwide average ransom demand in 2012 was reported to be $2 Million, according to Chubb Group of Insurance Companies.

Over half of the kidnap for ransom demands and activities took place in Asia and Africa, with a quarter of the incidents taking place in Latin America. Back in 2004, 55 percent of the kidnapping took place in Latin America.

(More threats and information about kidnap and ransom.)

Source:  Lily Kuo, “Kidnapping for ransom is spreading across the world,” Quartz, January 10, 2013.

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