Story #3: After regaling me with stories about improbable events and how much the reinsurance company had to pay, the GM of the office I dealt with told me tha

Story #3: After regaling me with stories about improbable events and how much the reinsurance company had to pay, the GM of the office I dealt with told me that he owned two cottages: One “entertaining” million-dollar cottage on a lake in Muskoka, Ontario, where one could jet-ski and power-boat. And one “get away from it all” cottage on a different lake that had a 5km/hr speed limit, effectively barring motorized sports. From this I deduced that for all their wild payouts, they were running a good business that could afford to pay its management quite handsomely.