3 ms·
> pretty much nobody wants to wait 5-10 years between "income events". Insurance is a similar market - and big earthquakes might wipe out a whole decades profi
by londons_explore 3y ago
> pretty much nobody wants to wait 5-10 years between "income events".
Insurance is a similar market - and big earthquakes might wipe out a whole decades profits.
Yet there are still plenty of players in that market.
- Kbelicius 3y ago> Insurance is a similar market - and big earthquakes might wipe out a whole decades profits. So not similar but reveres. Big earthquake is an "expenditure event" for an insurance company, not an "income event".
- deleted 3y ago[deleted]