Kidnap and ransom insurance: a strategically useful, often undiscussed, marketplace tool for international operations

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<title>Kidnap and ransom insurance: a strategically useful, often undiscussed, marketplace tool for international operations</title>
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<namePart>Brockett, Patrick L.</namePart>
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<abstract displayLabel="Summary">With kidnaping rates rising, the disruptive forces of kidnaping threaten the stability and success of corporate investment projects and put stress on appropriate corporate governance response methodologies. While kidnaping targets  vary  considerably  among  countries  where  it frequently occurs, most often the goal of kidnapers is money from ransom payments. Financial consequences of a kidnap ransom payment can be severe for companies,and psychological damage can be lasting to employees and their families. Given the increasingly global nature of business and increasing expansion into less politically and legally stable emerging markets, kidnap, ransom, and extortion pose a problem for management of corporations wishing to take advantage of emerging market opportunities. Kidnap and Ransom (K&R) Insurance is a risk control technique used by about 75% of Fortune 500 companies, non governmental organizations, and an in-creasing percentage of small to medium sized companies</abstract>
<note type="statement of responsibility">Patrick L. Brockett [ et at.]</note>
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<title>Risk management & insurance review</title>
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<publisher>Malden, MA : The American Risk and Insurance Association by Blackwell Publishing, 1999-</publisher>
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<identifier type="issn">1098-1616</identifier>
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<text>02/12/2019 Tomo 22 Número 4 - 2019 , p. 421- 440</text>
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