Kidnapping insurance keeps a lid on ransom inflation
economist.com
Kidnapping insurance keeps a lid on ransom inflation
1–10 of 78 posts
Re: Kidnapping insurance keeps a lid on ransom inflation
#2That website is TERRIBLE to read. Please fix your UX!
Re: Kidnapping insurance keeps a lid on ransom inflation
#3Somewhat related: http://graphics.wsj.com/hostage/
Re: Kidnapping insurance keeps a lid on ransom inflation
#4Aw great, this is only going to cause MORE kidnappings since thieves will know they can get insurance money.
Re: Kidnapping insurance keeps a lid on ransom inflation
#5 Where there is kidnapping insurance, the kidnappers are going to know this in advance, and everyone involved will be the same players over and over. It’s a racket.
Re: Kidnapping insurance keeps a lid on ransom inflation
#6That website is TERRIBLE to read. Please fix your UX! https://streamable.com/q8xu0
Just be happy you weren't on mobile trying to read that abomination of a website.
Re: Kidnapping insurance keeps a lid on ransom inflation
#7That website is TERRIBLE to read. Please fix your UX! https://streamable.com/q8xu0
Please don't use allcaps for emphasis on HN: https://news.ycombinator.com/newsguidelines.html
Re: Kidnapping insurance keeps a lid on ransom inflation
#8Aw great, this is only going to cause MORE kidnappings since thieves will know they can get insurance money.
And if the insurance companies are limited to a % of paid claims... then they are incentivised to increase the payout and/or # kidnappings. That's a recipe for disaster just like the medical market.
Re: Kidnapping insurance keeps a lid on ransom inflation
#9Re: Kidnapping insurance keeps a lid on ransom inflation
#10Where there is kidnapping insurance, the kidnappers are going to know this in advance, and everyone involved will be the same players over and over. It’s a racket.
Except the insurance policy on a person is cancelled if word gets out that they have it.