In many regions of the world, kidnapping for ransom has become a thriving business. The victims of

Question:

In many regions of the world, kidnapping for ransom has become a thriving business. The victims of this crime have included not only journalists, diplomats, and aid workers but also business executives. What role, if any, should insurance play in addressing the risk of being kidnapped in a foreign country? Do you think that the presence of insurance might exacerbate the risk? Aside from having money to pay a ransom demand, what are the other advantages of having kidnapping insurance?