ACE USA has collaborated with GMG Underwriters, LLC, a specialist in kidnap & ransom coverages and services, to expand the growth of its underwriting platform. The stand-alone kidnap & extortion coverage offering is available for U.S.-based companies of all sizes …
Welcome to the Pirate Action Group. Pirate commander Jamal wishes to congratulate you on being hijacked. Kindly speak to his negotiator about your ransom, bearing in mind that his demands are similar for every vessel he seizes. This is not …
Catlin Group Limited has formed a partnership with two specialist risk management consulting firms, which, it said, would “enhance the services it offers to clients with hijack, kidnap, extortion and wrongful detention exposures.” The partnership with Drum Cussac and Compass …
A leading Norwegian ship owner called on tanker operators to boycott the Suez Canal which he said would force global powers to intervene in Somalia to crush piracy by forcing up oil and commodity prices. The call, which has yet …
Suspected FARC guerrillas have captured 23 Colombian oil contractors carrying out exploration work for Canada’s Talisman Energy in a rare mass kidnapping, authorities said Monday. Colombia, Latin America’s No. 4 oil producer, has recently enjoyed a boom in petroleum and …
When John Chase’s phone rings, he does not know whether he will be called to deal with a Somali pirate hijacking, a Latin American commercial kidnapping or an aid worker held hostage in Afghanistan. An 18-year veteran of the largely …
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