News and Media

Pressure Utilities Heightens Political Risk — Moody’s

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

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 Chinese Embassy in Canberra, Sydney-...

Pirates Kidnap Seven Russian Sailors

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 Curacao Trader 210 miles off the coast of Benin last...

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...

For more information

+ 61 2 8019-7269
enquiry@steningsimpson.com.au