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The Monster in Loch Ness

Karl Borch
The Journal of Risk and Insurance
Vol. 43, No. 3 (Sep., 1976), pp. 521-525
DOI: 10.2307/251918
Stable URL: http://www.jstor.org/stable/251918
Page Count: 5
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The Monster in Loch Ness
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Abstract

A few years ago a firm in Scotland offered a large award for the capture of the monster in Loch Ness. The firm soon regretted its rash promise and covered the risk by insurance. Some aspects of this unusual insurance contract are discussed.

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