> damages will be so big reinsurers are going to take a huge hit; they're probably not used to that. Nah, the re-insurances actually are used to big hits. Muni

> damages will be so big reinsurers are going to take a huge hit; they're probably not used to that. Nah, the re-insurances actually are used to big hits. Munich Re, one of the biggest in the world if not the biggest, pays out billions of dollars a year from nature disasters [1]. [1] https://de.statista.com/statistik/daten/studie/200297/umfrage/schaeden-aus-naturkatastrophen-der-munich-re-rueckversicherung-seit-2006/ https://de.statista.com/statistik/daten/studie/200297/umfrag...