Kidnap-and-ransom insurance demand surges among high-net-worth families

Modern policies frequently cover a broad range of incidents beyond traditional kidnapping. According to insurance brokers, coverage may include threats of violence, extortion, political evacuation, emergency medical evacuation and “express kidnapping,” a crime in which victims are abducted temporarily and forced to withdraw funds from ATMs or digital accounts. Clement noted this scheme has become more common in certain urban areas, partly because it allows criminals to obtain money quickly without holding a victim for extended negotiations.