No. Reinsurance “scheme” lets an insurer transfer all risk. If US government is willing to pay the insurer $100M, then they will charge the ship $1M or $99M for the voyage, but keep $100M total. Brian Kilmede will not volunteer to be crew on the ships no matter the pay, either.
No. Reinsurance “scheme” lets an insurer transfer all risk. If US government is willing to pay the insurer $100M, then they will charge the ship $1M or $99M for the voyage, but keep $100M total. Brian Kilmede will not volunteer to be crew on the ships no matter the pay, either.
Should’ve involuntarily added him to the crew of that genius “submarine”. Missed our chance.