From: Robin Paul <Robin.Paul@t...>
Date: Sun, 27 Jan 2002 02:09:21 -0000
Subject: For John A- military equipment insurance
John- a while ago you asked something along the lines of "who'd be dumb enough to insure military equipment?" Years ago when I was a student, I went to a lecture by Terry Jones, the Python, on Chaucer's "Knight's tale", in which he mentioned the situation in medieval Italy, specifically Milan, which I think hired a lot of broken lances as well as condotta companies. The terms of hire included an undertaking to refund the value of any horse killed in battle. Naturally, the heroic warrior would turn up for hire on a fine and costly steed, but in battle would ride some old nag, making sure it got killed. He'd get his compensation then set off to do it all again somewhere else (cities eventually branded the insured horse to stop the fraud). So, it doesn't work but at least it's been tried!