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Insurers Raise Cost of Protection Against Pirates–They Should Just Hire Ninjas!

Posted on | April 13, 2009 | No Comments

Insurers offer pirates anti-ninja insurance

Insurers offer pirates anti-ninja insurance

Now there’s always been piracy in the South China Sea, but the Indian Ocean has had its share as well, especially in the Gulf of Aden. No one in maritime trading would have been surprised at the latest spate of incidents off Somalia, but the sheer audacity of the attacks is what seems to be getting the publicity. Now insurers have gotten into the act and have begun upping the premiums of anti-piracy insurance. I say, HIRE NINJAS! They’re cheaper than insurance and everyone knows, pirates and ninjas have a natural antipathy towards each other. Only don’t get ninjas from the school with Naruto in it. They might bring him along and then the only pirates they’d be able to protect you against are the ones from One Piece. Definitely not Jack Sparrow. (Hmmm why are they negotiating on Popeye’s old boat?)
Hmmm, but what if the insurance companies offer protection to the pirates as well? It only makes sense to play both ends against the middle–they could make money both ways. Maybe that would’ve helped prevent AIG from going belly up!

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