The Global Kidnap and Ransom Insurance market presents a comprehensive analysis of the Kidnap and Ransom Insurance market and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. The key Players profiled in the report are Hiscox USA (United States), AXA S.A. (France), Chubb (Switzerland), Aon plc (United Kingdom), Marsh LLC (United States), The Travelers Indemnity Company (United States), American International Group, Inc., (United States), Alliant Insurance Services, Inc. (United States), Lockton Companies (United States) and Mercer UK (United Kingdom). Additionally, other players that are part of this comprehensive study are Greenlife Insurance Broking (India), Voyager Insurance Services Ltd. (United States) and DR-WALTER GmbH. (Germany).
Market Snapshot:
In an increasingly violent world, businesses must ensure that business travelers and the families are safe from kidnapping, extortion, and unlawful incarceration. Kidnap and ransom insurance policies cover cash paid to kidnappers or extortionists, as well as ransom money lost in transit and a variety of other expenses. Kidnap and Ransom insurance is meant to assist protect your company from the financial consequences of unforeseen expenses such as kidnapping, extortion, ransom, or illegal imprisonment. Kidnap and ransom insurance policies often cover money paid to kidnappers or extortionists, as well as the loss of ransom in transit and other expenditures incurred as a result of an abduction.
Market Drivers
- Need to Protect the Business Sector
- Financial Losses occurred from Employees or Workers
Market Trend
- Growing Fraud and Crime Activities
Restraints
- Economic Slowdown over the Globe
Geographic Segmentation and Analysis
This section of our report presents a realistic picture of the Global Kidnap and Ransom Insurance industry. Investors and manufacturers can easily understand the inherent opportunities and challenges for their products in geographical region of interest.
The regional segmentation covered in this report are:
South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
Frequently Asked Questions (FAQ):
1. Why many important players are not profiled in the study?Due to pricing constraints we only profile limited players in the study that includes a mix list of leaders and emerging players, however for evaluation of market size the coverage includes 100+ players.
2. How big is the Kidnap and Ransom Insurance Market?Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2027
3. Is it possible to have certain customization in the study?The Study can be customized to meet your requirements. Please connect with our representative, in case you wish to add or remove certain country or profiled players.