I recall the insurance industries lost so much in the 2008 financial crisis that it wiped out all their profitability over all of human history to that point. I

I recall the insurance industries lost so much in the 2008 financial crisis that it wiped out all their profitability over all of human history to that point. I imagine they haven't made enough in the last two decades to outweigh those losses, so they probably are a net-negative as an industry, which is very funny.