Off-Topic: Insurance is not the answer

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	Name:	MartiniMan -
	Subject:	Insurance is not the answer
	Date:	5/26/2010 3:16:29 PM

That's what I mean about collecting on insurance though I doubt BP has a valid claim on the Transocean policy you can't blame them for trying.

I wonder what Transocean's limits were on their policy with the syndicates. It gets very complicated because of all the primary parties involved in these policies and then all the reinsurance markets where the primary market lays off a lot of their exposure.