Odd Lots

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

https://bloomberg.com/podcasts/odd_lots

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39: The Insurance Market for Modern-Day Pirates

[transcript]


This week Odd Lots takes to the high seas to discuss how modern-day pirates in the form of illegal fishers are able to take out insurance policies on their blacklisted boats. We speak with Dana Miller, a marine scientist who published a study last month showing a significant number of insured illegal vessels. We discuss how one of the world's most regulated financial industries interacts with one of the world's most lawless and whether new processes introduced by insurers could help boost the world's supply of fish.

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 July 29, 2016  21m