Asri-unix.1203
net.space
utzoo!decvax!cca!sri-unix!JPM@SU-AI
Sat Apr 10 10:27:52 1982
Insurance
On King's comment: that is silly. It is routine to insure for 100 million
nowadays. THe pipeline project cost on the order of $10 billion. Insurance
companies EACH have capital on the order of $10 billion for the giants, so
there would be no difficulty insuring something for $1.5 billion (at a price
of course). Indeed, insurance companies could handle up to two orders of
magnitude MORE, not less (although that would of course be really pushing the
limit - one order of magnitude is more reasonable for now).
Jim
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