On 6 May 2015, the Society of Lloyd's published guidance for the Lloyd's market on the impact of amendments to the Terrorism Act 2000 on kidnap and ransom (re)insurance business. The amendments clarify that (re)insurers are prohibited from reimbursing ransom payments made to terrorists. The guidance highlights that (re)insurers must carry out relevant due diligence and screening of kidnap and ransom parties as part of their compliance processes.