Solved: Why did bp decide to insure against routine risks, Other Management

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Why did bp decide to insure against routine risks

Problem: Why did BP decide to insure against routine risks, such as vehicle accidents and workplace injuries, but not against major risks, such as loss of an offshore oil platform? In light of the past three year's events, do you think this was a wise decision?

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Other Management: Why did bp decide to insure against routine risks

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