UK Anti-Terrorism Proposal Would Clarify Insurance Law on Ransom Payments November 24, 2014 By Scott Hamilton and Svenja O'Donnell The U.K. government will introduce anti-terrorism legislation this week requiring internet companies to provide user data to authorities. The bill,...
XL Group Launches K&R Coverage with Crisis Management Advisory Services April 8, 2014 XL Group has launched a kidnap, ransom & extortion (KRE) crisis policy that features a new agreement with risk consultancy,...
Schinnerer Updates Kidnap, Ransom, Extortion Coverage Endorsement November 18, 2013 Victor O. Schinnerer & Co., an underwriting manager, has enhanced its kidnap, ransom and extortion insurance coverage with an updated...
Lockton: Companies Overlooking Most Crucial Part of Kidnap & Ransom Insurance May 17, 2013 The ransom and extortion industry’s danger zone has expanded well beyond Central and South America, yet companies tend to downplay...
Schinnerer Adds Crime, Kidnap, Ransom Coverage to Non-Profit Program May 2, 2013 Victor O. Schinnerer & Co. has added crime and kidnap, ransom, and extortion coverages to its suite of offerings for...
IMB Reports Piracy Falls in 2012, But Seas off East and West Africa Still Dangerous January 16, 2013 The latest report on global piracy from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) notes that it...
Willis Intelligence Specialist Warns of Continued Somali Pirate Threat September 19, 2012 Tim Holt, Head of Intelligence at Special Contingency Risks (SCR), part of the Willis Group, has warned that the piracy...
Marine Insurers Backing Armed Guards as Piracy Threat Grows September 20, 2011 By Gus Trompiz More ship insurers are backing the use of private armed guards on merchant vessels at sea to combat Somali piracy...
Aon Report Concludes Piracy Threat Spreading to East Africa Coast September 19, 2011 Aon Risk Solutions, the risk management business of Aon Corp., has issued its first in depth report analyzing the threat...
Chartis Partners with Crisis Management Firm for Kidnap, Ransom Cases August 26, 2011 Chartis will enter into a contractual agreement with NYA International Limited (NYA), a kidnap and extortion response consultancy. Beginning December...