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Home > News > nanoRisk

May 6th, 2004

nanoRisk

Abstract:
Another report which will definitely cause ripples is to be issued by one of the worlds largest reinsurance companies within the next two weeks. Insurance companies like to quantify risk, it allows them to set their premiums. Good drivers of compact cars pay lower premiums than good drivers of Porsches, the reason being that driving a high performance sports car is inherently more risky. Even the worlds best drivers, Michael Schumacher for example, would pay more to insure a Ferrari than a Fiat Uno. (Before anyone asks, yes, Formula One teams are very interested in nanotech).

Source:
TNTlog

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