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Alright, I'll bite. Does anybody issue insurance for the reinsurers?
by TremendousJudge 7y ago
Alright, I'll bite. Does anybody issue insurance for the reinsurers?
- anongraddebt 7y agoInsurers often issue reinsurance for/with each other. Both insurers and general reinsurance firms will some times sell their risk to investors (in the capital markets) through vehicles such as Insurance Linked Securities. An ILS provides one form of risk transfer. There are others. In both cases, if the risk is tied to say, catastrophe insurance, then this offers (investors) returns uncorrelated with the stock market.
- vram11 7y agoUnfortunately not. It's not insurance all the way down. Turtles, on the other hand ... https://en.m.wikipedia.org/wiki/Turtles_all_the_way_down https://en.m.wikipedia.org/wiki/Turtles_all_the_way_down