That's no different to any other catastrophe. Earthquake or tsunamis etc.
> it seems hard to imagine there is a price that will make sense to both parties.
The price you'd have to pay is likely to be extremely high due to the value at risk and level of uncertainty, and yes insurance companies would also be modelling their exposure and stop selling at some point. A single tanker, for example, could almost certainly find a price at Lloyds.
> it seems hard to imagine there is a price that will make sense to both parties.
The price you'd have to pay is likely to be extremely high due to the value at risk and level of uncertainty, and yes insurance companies would also be modelling their exposure and stop selling at some point. A single tanker, for example, could almost certainly find a price at Lloyds.