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K&R insurers crank up risk forecast in Africa amid terrorism fears

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Kidnap and ransom insurance market experts have claimed that while recent attacks on an Algerian gas installation will have a material impact on underwriting strategy in the region, the local risks were already well understood.

According to crisis management consultants from Special Contingency Risks, the escalating situation in North Africa in terms of the future spread of Islamic terrorism has triggered a "profound threat

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