4 ms·

Which insurance company can pay out a $40bn risk event?

• denton-scratch 4y ago
  Lloyds of London?
• trogdor 4y ago
  When Lehman Brothers collapsed, the associated insurance payouts totaled ~$100 billion.
• joshuamorton 4y ago
  Reinsurance literally exists for this purpose. It's what Berkshire Hathaway does, for example.
  • anticensor 4y ago
    You can only reinsure so many times before you arrive in the central bank.
• christophilus 4y ago
  Berkshire Hathaway could. They probably wouldn’t have insured SVB, though.