Kidnap & Ransom (K&R)

title image: Kidnap & Ransom Versicherung

Attacks by pirates on ships have increased significantly in recent years, especially in the Gulf of Aden and off West Africa. 

In addition to securing the ransom payment, customized K&R insurance for shippers enables insurance of the loss of the ransom on the way to handing it over, consultation costs, crew support, etc.

There is an option of offering insurance for single trips, and also in the form of annual coverage.