News and Media

News and Media

What is the difference between Bonds vs Bank Guarantees

21.August.2020|

People often ask what is the difference between Surety Bonds vs Bank Guarantees. The products are generally identical and have exactly the same obligations, at law when called on for payment. Under an unconditional bank [...]

Kidnapped Victim Rescued

17.August.2020|

Businessman found safe and unharmed in rural Free State town after being kidnapped. Five alleged kidnappers have been arrested. Police in the Free State have rescued a businessman who was kidnapped nearly two weeks and [...]

Explosion Tragedy Was Man-made

11.August.2020|

This past terrible Tuesday, a bloodied young man as a result of the explosion stopped in a Beirut street to speak to a Western reporter. In that second, he spoke for us all in lamenting [...]

Pressure Utilities Heightens Political Risk — Moody’s

3.August.2020|

MANILA, Philippines — The pressure exerted by Malacañang on big businesses, particularly on telecommunications providers as well as water concessionaires, may indicate unpredictability as well as weakening political and legal governance in the Philippines, according [...]

Kidnapping – Chinese Students Are Targets

30.July.2020|

Kidnapping - Chinese Students are Targets. Recent cases reveal the evolution of a crime that often exploits worry over family members abroad with digital savvy and old-fashioned coercion. Some scammers pretended to be from the [...]

Pirates Kidnap Seven Russian Sailors

26.July.2020|

Pirates have kidnapped seven Russian sailors from the crew of a ship in the Gulf of Guinea, the Russian Embassy in Nigeria said on Monday. The seven Russians were among 13 crew members pirates abducted from the [...]

German Arts Advocate Kidnapped in Baghdad

26.July.2020|

Hella Mewis started an arts center in the Iraqi capital and supported anti-government protesters last fall. It was not clear who abducted her. Kidnappers in two vehicles seized the German arts advocate at dusk on [...]

Kidnap, Extortion and Ransom on Companies Risk List

1.October.2019|

Kidnap, extortion and ransom.  These are some of the risks grabbing the attention of Australian companies as they grow operations offshore. While companies constantly worry about immediate threats to their bottom lines or productivity, other [...]

Digging into the Complex World of Political Violence Insurance

17.May.2019|

More than 10,000 terrorist attacks are carried out around the world every year, endangering the staff, assets and operations of international organisations. In today’s complex geo-political environment, incidents of political risk, political violence, war and [...]

Global Surety Bond Capabilities

29.August.2018|

We are pleased to announce that we can now offer Global Surety Bond capabilities into the following countries: Australia New Zealand Pacific Islands United Kingdom Dubai Israel Japan Malaysia Vietnam Singapore HK Vietnam Africa In [...]

Mining Rehabilitation Bonds

13.August.2018|

Legislation is changing requiring mining companies to provide a greater level of financial assurance by increasing reserves and capital, which is an onerous financial commitment and may adversely affect the economic feasibility of the project. To [...]

One Off Surety Bonds / Bank Guarantees

10.August.2017|

We now have available to us, an “A” rated Underwriter who will consider providing security under a contract for one off Bonds with no requirement of, first, establishing a Surety Bond Facility. Apart from good [...]

Unprecedented New Surety Bond Facility

8.March.2017|

Previously in the Australian Surety Market, Underwriters would only consider companies with turnover in excess of $30m (realistically $50m) with net assets of $5m. We now have available to us, an “A” rated Underwriter who [...]

Venezuela – Hugh Increase In Kidnappings – Analysis

29.June.2016|

Kidnappings in Venezuela have risen 170% in 2016 according to a new report based on citizen perceptions, highlighting the inability of the state to provide security as economic and political crises continue to engulf the nation. [...]

Evil Islamic Ismail al-Wahwah Calls For Jihad Against West

26.April.2016|

A Sydney-based Islamic extremist has called on a Turkish audience to lead 'the armies of jihad that will conquer Europe and America' where their enemies have 'black hearts'. Palestinian-born Ismail al-Wahwah spoke at a 'caliphate [...]

al Nusra Greater Threat Than ISIS

29.January.2016|

Al Qaeda's Syrian affiliate, Jabhat al-Nusra, is a greater threat to the United States in the long term than is ISIS, making the United States' current single-minded focus on the latter group misguided, a new [...]

Islamic State: The Worlds Most Evil Death Cult

3.December.2015|

It is a force the like of which the world has never seen before: a medieval death cult with a territory roughly the size of England. Its tentacles of power stretch out across Iraq and [...]

Kidnappings on the Rise

18.September.2015|

The number of kidnappings has been increasing, up 30 percent in Africa from 2013 to 2014 and rising in the Middle East. Although about 60 percent to 70 percent of overseas kidnapping of U.S. citizens [...]

Top six kidnap countries from January to June 2015

10.September.2015|

Top six kidnap countries from January to June 2015  Nigeria  India  Afghanistan  Pakistan 5. Mexico  US (North America) The above are based on kidnap for ransom incidents recorded in open source news reports and captured [...]

Countries with ISIS or Affiliate Activity

2.March.2015|

Islamic State "affiliates" seem to be emerging at an alarming rate, giving the sense of an expanding terror network with satellites all over the world. But a closer look, according to analysts, shows these ISIS [...]

The Billion Dollar Industry behind Hostage Negotiations

6.February.2015|

It’s a covert industry where prices are secret and companies work with some of the world’s most dangerous criminals. But as deadly kidnappings around the world continue to grow, so too does the multi-billion dollar [...]

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