Kidnap for Ransom definition

Kidnap for Ransom. Kidnap for Ransom means any event or connected series of events of seizing detaining or carrying away by force or fraud one or more Insured Persons for the purpose of demanding cash, monetary instruments, property or services.
Sample 1

Examples of Kidnap for Ransom in a sentence

  • The Insurer will pay up to Sum Insured stated on the Schedule in respect of Kidnap for Ransom Consultant Costs.

  • Consultant costsConsultant Costs mean reasonable fees and expenses of the Insurer’s chosen Consultants incurred during response to a Kidnap for Ransom, including but not limited to costs of travel, accommodation, qualified interpretation, communication, and payments to informants.

  • Ensure a fair and open access to relevant technical infrastructures in relation to payments activity(This topic is also included, from a broader perspective, in the digital finance consultation).

  • Section B5 - Hi-jack, Kidnap, Kidnap for Ransom Consultants Costs, Hostage The Insurer will pay 60.000, -HUF to the Insured Person or Beneficiary for each complete day that an Insured Person is forcibly or illegally detained as the result of a Hi-jack, Kidnap or being taken Hostage which starts during the Period of Insurance up to the Sum Insured in the Schedule.

  • Kidnap for Ransom Kidnapping means any event or connected series of events of seizing, detaining or carrying away by force or subterfuge of one or more CAP Member(s) by any third party for the purpose of demanding a Ransom.

  • Fair Value Hedges The Company has fixed to variable interest rate swap agreements with notional amounts of$400 million of its 3.90% senior unsecured notes and $100 million of its 4.25% senior unsecured notes.

  • In a footnote to this statement, they then acknowledge that “kidnap insurance has evolved various techniques to mitigate third party moral hazard.” Id. at n.7 (citing Anja Shortland, Governing Kidnap for Ransom: Lloyd’s as a “Private Regime”, 30 GOVERNANCE 283 (2017)).

  • However, the continuing insurgency, law-and-order issues such as the sporadic KFR (Kidnap for Ransom) issue and inter-clan political violence as witnessed by the 2009 Maguindanao Massacre, as well as being cause for anxiety, made the obtaining of institutional support for a field-study problematical.

  • The number on this part of the continuum relates to a person’s strength of preference for applying and practicing what has been learned.

  • Anja Shortland, ‘Governing Kidnap for Ransom: Lloyd’s as a “Private Regime”’, Governance (Vol.

Related to Kidnap for Ransom

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