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I suspect even a company that claims to 'insure anything' would balk at things needing a $200 billion payout.
by michaelt 5y ago
I suspect even a company that claims to 'insure anything' would balk at things needing a $200 billion payout.
- Sebb767 5y agoWell, there's always the strategy of 'take the payouts, go insolvent in case the event really happens'. But, on the other hand, such a high possible payout would probably come with insane premiums that might make it viable (for the insurance, not the country).
- yardstick 5y agoDepends on the premium they would charge.