tag:blogger.com,1999:blog-5148972.post116359380118072736..comments2023-09-15T09:56:16.253-03:00Comments on Composing: Composinghttp://www.blogger.com/profile/01739889615635395138noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5148972.post-1164745741656202852006-11-28T18:29:00.000-02:002006-11-28T18:29:00.000-02:00John Robb points to an interesting 7 page LA Times...<A HREF="http://globalguerrillas.typepad.com/johnrobb/2006/11/the_end_of_risk.html" REL="nofollow">John Robb</A> points to an interesting 7 page <A HREF="http://www.latimes.com/news/nationworld/nation/la-na-insure28nov28,0,2160798.story?page=1&coll=la-home-headlines" REL="nofollow">LA Times</A> article in Robb's usual cut-to-the chase style titles it: "The End of Risk Pooling."<BR/><BR/>The article you point to suggests public-private partnerships. Like it or not I suspect that governments are going to become more involved as unfettered insurance markets become unpopular.John Powershttps://www.blogger.com/profile/17126222842766191343noreply@blogger.comtag:blogger.com,1999:blog-5148972.post-1163768419851375422006-11-17T11:00:00.000-02:002006-11-17T11:00:00.000-02:00Thanks Rup3rt, cool link May have to have some of ...Thanks Rup3rt, cool link <BR/><BR/>May have to have some of my site in it.Composinghttps://www.blogger.com/profile/01739889615635395138noreply@blogger.comtag:blogger.com,1999:blog-5148972.post-1163632276701844772006-11-15T21:11:00.000-02:002006-11-15T21:11:00.000-02:00You raise a good point about the "acts of God" asp...You raise a good point about the "acts of God" aspect and how insurers might come to define "God." <BR/><BR/>This is a thought-provoking article and seems related to the subject of prediction markets you've brought up before. <BR/><BR/>I suspect that market-based solutions to risks associated with global climate change aren't going to sit too well with free-market thinking as it now stands. <BR/><BR/>Hedge-funds aren't regulated much now. Part of the trick to making money in them, it seems to me, is based on the lack of transparency. <BR/><BR/>One of the best parts of this insurance idea is that it could help to bring more transparency to market instruments for managing risks.John Powershttps://www.blogger.com/profile/17126222842766191343noreply@blogger.com