4 ms·

Turtles all the way down?

• fuzzer37 6y ago
  Presumably reinsurance claims are less frequent, and thus have some sort of different pricing structure. The wikipedia page on the subject is pretty interesting: https://en.wikipedia.org/wiki/Reinsurance https://en.wikipedia.org/wiki/Reinsurance
  • 9nGQluzmnq3M 6y ago
    Links to this, which must be the coolest-sounding organization in the entire insurance industry: https://en.wikipedia.org/wiki/International_Society_of_Catastrophe_Managers https://en.wikipedia.org/wiki/International_Society_of_Catas...
    • Phillipharryt 6y ago
      Oh but you haven't heard of the 'Equitable Life Assurance Society'. Not just an organisation but a proper business until the 21st century. Originally the "Society for Equitable Assurances on Lives and Survivorships", but obviously that wasn't hip enough to survive past the 19th century. https://en.wikipedia.org/wiki/The_Equitable_Life_Assurance_Society https://en.wikipedia.org/wiki/The_Equitable_Life_Assurance_S...