Kidnapping now multi-billion dollar industry

pirate-ships

Kidnaping for ransom has become a multi-billion dollar global phenomenon and is occurring more frequently in locations across the globe, according to a report by crisis assistance company, Red 24.

The list of top ten riskiest areas shows that historically risky locations such as Mexico, Venezuela and Colombia continue to experience very high levels of kidnapping, hostage taking, piracy and

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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