Dr. Harrington replies

Double Duty across the Magisterial Branches

“…20 The interesting point for our purposes is that Chief Justice Jay continued to function as the de facto Secretary of Foreign Affairs. 21 In all, Jay served as a carryover Secretary of Foreign Affairs and Chief Justice for about half a year. In March 1790, Thomas Jefferson took over the department, which Congress had renamed the Department of State, a change that reflected the domestic duties that Congress belatedly attached to the Department.…”

Insuring the Air Transport Industry Against Aviation War and Terrorism Risks and Allied Perils

“…The availability of a strong and effective reinsurance market is critical to the existence of the aviation insurance market". 200 There are also two basic methods of effecting reinsurance-facultatively or through a reinsurance treaty. 188 p. 491.…”

“…In the London market, however, it is still the general understanding that hijacking is relevant only when the aircraft is "in flight". 200 Adams et al (2007) p. 112. 200 195 Margo (2000) p. 353.…”

“…195 In consequence, conventional insurers face immense difficulty in using traditional actuarial methods to determine whether they have the requisite financial capacity at their disposal to back coverage of such risks. 200 Proponents of this assertion argue in support that "while some portions of primary risk are passed on to reinsurers [and retrocessionaires], the risks are not further multiplied or leveraged, and the primary insurer almost always remains obliged and retains a portion of the underlying risk". 197 In 2003, the OECD published a study it had previously commissioned on the implications of increasing and expanding systemic risks (including terrorism) for, inter alia, the insurability of the liability of enterprises.…”