Economics

Odd Lots: There's an Insurance Market for Modern-Day Pirates

Why blacklisted vessels are still insured.

This fictional pirate could probably have done with some insurance. — This fictional pirate could probably have done with some insurance.
Source: Walt Disney/Everett Collection

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Before it’s here, it’s on the Bloomberg Terminal

By Tracy Alloway and Joe Weisenthal

August 1, 2016 at 4:46 AM EDT

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Before it’s here, it’s on the Bloomberg Terminal