The real issue, with regard to the insurance aspect, is not "value" per se (even in receiving offers) -- it's "capacity" in the marketplace. At a certain point, underwriters and insurance companies (incuding reinsurance, surplus lines, excess markets, etc.) will not want to take on "risk" and won't even offer coverage regardless of the premium. At certain levels, we are not talking about insurance companies any longer, we're talking about underwriters for consortiums, investor pools, risk pools, etc. (like Lloyds of London).
Eric
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