Insurance risk can only be modeled in aggregate. The entire game is to have a communal pool where 100% of people pay for the 10% whom file claims. Its also wh

Insurance risk can only be modeled in aggregate. The entire game is to have a communal pool where 100% of people pay for the 10% whom file claims. Its also why health insurance is a fundamentally stupid idea, 100% of people need to be paid out eventually. We all get sick and die.