Asri-unix.1199
net.space
utzoo!decvax!cca!sri-unix!KING@KESTREL
Fri Apr 9 08:41:03 1982
SPACE Digest V2 #153
My point is that the insurance company has to have a
capatilization large compared to $1.5B, or they are betting the
company on the Shuttle remaining safe, which Lloyds has no intention
of doing.
Lloyds (and other companies, on large exposures) will reinsure
(i. e. they will pay parts of their premiums to other companies in
return for accepting parts of the risk) but the total size of that
part of the insurance industry that would consider accepting a part of
the risk would have to exceed $1.5B by a factor of about a hundred.
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