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. ----------------------------------------------------------------- gopher://quux.org/ conversion by John Goerzen of http://communication.ucsd.edu/A-News/ This Usenet Oldnews Archive article may be copied and distributed freely, provided: 1. There is no money collected for the text(s) of the articles. 2. The following notice remains appended to each copy: The Usenet Oldnews Archive: Compilation Copyright (C) 1981, 1996 Bruce Jones, Henry Spencer, David Wiseman.