Insurers face ban on paying ransoms
Insurance companies will be banned from footing the cost of terrorist ransoms, under measures unveiled by Theresa May.
The Home Secretary said the Counter-Terrorism and Security Bill, being introduced to Parliament this week, will make clear it is an offence for firms to reimburse such payments. The move is part of a package of changes designed to tighten up protections in the UK, amid warnings that the threat of an attack here is growing.
Islamic State-linked terrorist groups in Syria and Iraq have been using kidnappings to successfully raise funds.
Mrs May, who will address a counter-terrorism event in London later, said: "Our position is clear - ransom payments to terrorists are illegal under UK and international law."