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I wonder how much insurance companies could save through unification instead of war (* the odds of war). I have to imagine "rebuilding Seoul with 10% odds over
by rdl 12y ago
I wonder how much insurance companies could save through unification instead of war (* the odds of war). I have to imagine "rebuilding Seoul with 10% odds over the next 50 years" would exceed the direct costs of unification.
- twistedpair 12y agoNo way. Ever heard of a force majeure clause? If Kim Jun nukes Tokoyo or LA, Progressive and Geico are not going to cover the damage to your car. In war, all contracts are off. You're simply screwed.
- rdl 12y agoWar risk insurance doesn't include such a clause.