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It is ethically dubious to subject other people to grave — and predictable — risks.
Captives are set up by companies (or groups of them) to lower their insurance bills by covering predictable risks themselves.
The transition risk register deals not with the unthinkable, which of course raises difficult presentational challenges, but the very real and predictable risks arising from ministers' own policy choices.
Historically, this was a fairly sleepy business; these companies got their start by insuring municipal bonds, which rarely default, and initially they confined themselves to bonds with relatively predictable risks, which were easy to put a price on.
Fortune 500 companies and large nonprofit organizations, like hospitals and medical schools, have used captives for decades to self-insure against predictable risks, like workers' compensation or malpractice claims.
The dynamics of war bring out the worst in us; the dynamics of a long war corrode fundamental notions of humanity to such a point that its certainties – its predictable risks, its clear enemies, its victims falling always somewhere else – might come to seem preferable to the uncertainty of peace.
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8. (C) There are other, less predictable, risk factors at play.
To fans of Pixar, a mediocre, predictable, risk-free sequel "seems almost like a betrayal," as Dana Stevens wrote in Slate.
It was brave, too, in that Senator Specter knew the predictable risk of being accused that it was done simply because he saw that the Republican primary polls for him in the next election were bleak.
Until Benfica conceded that crucial penalty to Chelsea in the 21st minute they had looked much more dangerous than the predictable, risk-adverse side that Di Matteo's team had beaten last week in Lisbon.
The fact that it is such a large and predictable risk is why Congress is highly unlikely to let it happen (except perhaps for a few weeks, between December 31st and the inauguration of a new president later in January).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com