Kidnap and Ransom

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[edit] Market Value

The Foreign Policy Centre, a think-tank located in the Untied Kingdom, estimated in 2001 that "kidnappers globally take home well over $500 million each year - and rising."[1]

[edit] Kidnap and Ransom Insurance

To protect employees and family members in the event of a kidnapping, several insurance agencies provide coverage to be paid in the event of a abduction.

In 2006, $200 million ws paid in premiums for this service.[2]

[edit] Market Activities

Pirates off the coast of Somalia received $700,000 from the ransom of one ship in February 2008.[3]

In 2008, there were an estimated 30 to 50 kidnappings a day in Mexico, with ransom demands being upwards of $300,000.[4]


[edit] Havocscope Index

Kidnap and Ransom Market

[edit] Sources

  1. Rachel Briggs, "The Kidnapping Business," The Foreign Policy Centre, 2001,pg.1,(accessed: February 19, 2007).
  2. Simon Challis, " Hostage dramas reveal rising corporate kidnap risk," Reuters.com, November 30, 2006.
  3. "Somalia: Pirate Receive $700,000 Ransom Payment," AllAfrica.com, March 18, 2008.
  4. Franco Ordonez, "Kidnappings Soar in Mexico as drug gangs seek new income," McClatchy News(Via Yahoo News), April 22, 2008.
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