Global premiums paid for Kidnapping for Ransom insurance polices totals to $300 Million. Roughly three-quarters of Fortune 500 companies carry some form of kidnapping for ransom insurance.
Tag: Kidnap and Ransom
Average Ransom Demand in Nigeria During First Half of 2009
The average demand in kidnapping for ransom cases in Nigeria ranged between $700,000 to $3 Million in the first half of 2009. Negotiations are usually able to bring down the actual ransom payments. Over 500 people were abducted in kidnapping for ransom cases in Nigeria during those six months.
Number of Migrants Held Hostage in Central America Between 2006 to 2009
Kidnapping for ransom in Central America victimized 10,000 migrants between 2006 and 2009.
Average Number of People Abducted in Mexico Each Month in 2009
nonprofit organization in Mexico states that up to 500 people are kidnapped every month in Mexico in 2009. The Federal Government of Mexico officials reports that around 97 people are kidnapped each month in 2009.
Ransom Payments in Nigeria Between 2006 to 2008
Kidnapping for ransom in Nigeria generated over $100 Million in payments for kidnappers between 2006 and 2008.
Reported Kidnappings in Mexico Up 9 Percent in First Quarter of 2009
In the first quarter of 2009, reported kidnapping were up 9 percent over 2008. The figure is definitely under reported as only 22 percent of citizens report crimes to the police.
Rise in Reported Abductions in Pakistan From 2006 to 2008
Kidnapping for ransom cases increased by over a hundred percent within the last several years in Karachi, Pakistan. There were 92 cases of kidnapping for ransom in 2008. 64 cases of kidnapping for ransom were reported in 2007, and 28 cases reported in 2006.
Human Smugglers Turning to Abductions to Increase Revenue
In 2009, many human smuggling operations have turned into kidnap and ransom cases as smugglers attempt to increase their revenues from people wishing to be smuggled. According to the Washington Post, over 1,000 people have been rescued by US authorities after a family member contacts the police. It is believed that many do not contact law enforcement due to their illegal immigration status.
Number of Kidnapping for Ransom Cases in Phoenix in 2008
Phoenix, Arizona has the more kidnapping and ransom cases than any other cities in the United States, according to federal authorities. In 2008, police received 366 cases of kidnap and ransom, and 359 cases in 2007. Phoenix police state that almost all of the victims and suspects has ties to the drug trafficking industry.
Number of Child Abductions by Parents the UK in 2008
According to information compiled by the Guardian Newspaper, 470 children were kidnapped by estranged parents in 2008. The key season for abductions were during the summer months, where children go away on vacations and never return.