News and Media

German Arts Advocate Kidnapped in Baghdad

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 Monday as she was leaving her office near one of...

Kidnap, Extortion and Ransom on Companies Risk List

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 serious, and often...

Digging into the Complex World of Political Violence Insurance

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

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 addition, we can also issue bonds...

Mining Rehabilitation Bonds

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 help mining companies...

One Off Surety Bonds / Bank Guarantees

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 financials and a proven track record, the main criteria is...

Unprecedented New Surety Bond Facility

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 will consider companies with turnover of $20m....

Venezuela – Hugh Increase In Kidnappings – Analysis

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. The study, published by the Institute...

Evil Islamic Ismail al-Wahwah Calls For Jihad Against West

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 conference' in Ankara, Turkey, in...

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