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Old 14th Jun 2009, 16:04
  #1476 (permalink)  
Finn47
 
Join Date: Jan 2008
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insurance companies might have to foot a bill of up to 750 million USD. And they have to recuperate the money themselves from somewhere
Insurance companies are not stupid. They have mathematicians who calculate accident probabilities from data from, say, the last 30 years and adjust the premiums accordingly. I´m sure the premiums collected from insuring the thousands of aircraft which have not crashed cover this expected payout and then some.
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