2011-08-19
By Deborah Ritchie
Three employees of a company contracted by Colombia's state-run oil company have been kidnapped by an armed group in the Santander department of Colombia.
Although local authorities have asserted that the kidnapping was orchestrated by a local criminal group known to conduct extortions, suspicion falls on the Revolutionary Armed Forces of Colombia (FARC).
Five oil workers kidnapped by the FARC in July and later released in August. The four Chinese oil workers taken subsequently by the same group are still being held.
According to risk consultancy, Red24, kidnappings increased by 20% in the first six months of 2011, with at least 116 people reportedly abducted thus far. At least 282 people were kidnapped countrywide in 2010, with more than half of those reportedly victims of kidnap for ransom, they said, with the majority of incidents involving the abduction of locals, but also foreign nationals.
Home
More News
Other stories you may find of interest:Most risky countries for K&R identifiedThe 10 most risky threat areas for kidnap for ransom have been identified in a new report published by crisis management assistance company red24. The report illustrates that the crime has become a multi-billion dollar global phenomenon that is now occurring more frequently, and in more locations across the world. The top 10 list, which is of greatest relevance to foreign nationals or local individuals of high-net worth, shows that historically risky locations such as Mexico, Venezuela and Colombia continue to experience very high levels of kidnapping, hostage taking, piracy and extortion. However, places such as Iraq, Pakistan and Nigeria also feature.
Volcanic ash: Risk and insurance adviceBroker Marsh has issued business continuity, supply chain and insurance advice to organisations affected by continued air traffic disruption following the eruption of the Eyjafjallajökull volcano in Iceland and subsequent ash cloud covering European airspace.
Willis Re: S&P’s capital models criteria will incentivise insurersWillis Re says a new report from S&P incentivises insurers to adopt more sophisticated internal capital models by giving them the opportunity to use the modelling results to potentially reduce their capital requirements.