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It's a gigantic market though. (Revenue of $850 billion in 2016 according to https://www.statista.com/statistics/214544/total-revenue-of-us-life-and-health-insu
by javadocmd 9y ago
It's a gigantic market though. (Revenue of $850 billion in 2016 according to https://www.statista.com/statistics/214544/total-revenue-of-us-life-and-health-insurance-industry/ https://www.statista.com/statistics/214544/total-revenue-of-... )
I'm not an economist, but it seems like a 5% margin on a $850 billion market is worth a 10% margin on a $425 billion market.
- conanbatt 9y agoThats not how capital investment works, at a certain scale, % of profit is all that matters, because it tells you how much you need to invest to make a buck. Its a big market, but insurance companies are not the ones making a killing.