India ranks second to Mexico in abductions

BACKabduAccording to a ranking published by UK’s Control Risk consultant, India ranks second only to Mexico on a list of kidnapping hot spots – ahead of Pakistan, Iraq and Nigeria.

Insurers says that this indicates that the number of complaints about kidnapping is higher in India. Small wonder it is now seen as a ripe market for selling Kidnap and Ransom insurance policies.

One insurance broker says the rankings are based on actual cases reported and India stands out because of the sheer numbers and the vast spread of the population in remote areas.

M Ravichandran, president – Insurance of TATA AIG General Insurance said India ranks high in kidnapping and wealthy individuals and senior corporate officials and children are being targeted, consequently in the last two years inquiries for Kidnap and Ransom Extortion policies have seen a rising trend.