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