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Kidnap / Ransom / Extortion 610-461-6690 1-800-877-2445 Fax 610-586-5467 Email jc@black-fox.com At Black Fox International we offer Corporate as well as the best Individual / Family KR&E Coverage Available. Reward in business comes from taking risks but the most successful businesses are those that analyse their risks carefully and take steps to protect against them. It would be relatively straight forward if companies were exposed only to day to day commercial and competitive threats, however many business hazards today are far more difficult to protect and quantify. Kidnap Extortion and Detention are real dangers for companies operating both overseas and in domestic markets. They are often overlooked by management on the grounds that "it won't ever happen to us", but the damage this can inflict on a business can be very severe - as the annual roll call of corporate and individual victims around the world testifies COVERAGE
Most kidnaps are carried out in order to obtain a ransom,
and in most cases a ransom is paid. Rescues are rare, largely because the
authorities in most countries recognise that the safety of the victim is
paramount. While the average occurrence of deaths following a kidnap is
9%, in cases involving Control Risks less than 2% of people are killed
- almost always at the time of abduction rather than during the negotiation.
Kidnap Demands Demands can be huge, with more than 14 countries recording
cases of $25m or more in recent years. Kidnappers usually settle at between
10 and 20 per cent of the demand, except in the old Soviet Union where
the Mafia is extremely reluctant to negotiate and uses excessive violence
to achieve its aims.
Kidnap Payments While most ransom payments are kept confidential, we are aware of some substantial sums that have been paid. Latin America features heavily in the list, but many of the largest settlements have been made in Europe. Recent years have seen a noticeable increase in average ransom payments.
Request Information P. O. Box 1187 205 Garvin Boulevard Sharon Hill, PA 19079 800-877-2445 Toll-Free 610-461-6690 Tel 610-586-5467 Fax jc@black-fox.com Email |