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Books > Social sciences > Politics & government > Political activism
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Kidnap - Inside the Ransom Business (Hardcover)
Loot Price: R692
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Kidnap - Inside the Ransom Business (Hardcover)
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Kidnap for ransom is a lucrative but tricky business. Millions of
people live, travel, and work in areas with significant kidnap
risks, yet kidnaps of foreign workers, local VIPs, and tourists are
surprisingly rare and the vast majority of abductions are
peacefully resolved - often for remarkably low ransoms. In fact,
the market for hostages is so well ordered that the crime is
insurable. This is a puzzle: ransoming a hostage is the world's
most precarious trade. What would be the "right" price for your
loved one - and can you avoid putting others at risk by paying it?
What prevents criminals from maltreating hostages? How do you
(safely) pay a ransom? And why would kidnappers release a potential
future witness after receiving their money? Kidnap: Inside the
Ransom Business uncovers how a group of insurers at Lloyd's of
London have solved these thorny problems for their customers. Based
on interviews with industry insiders (from both sides), as well as
hostage stakeholders, it uncovers an intricate and powerful private
governance system ordering transactions between the legal and the
criminal economies.
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