3 ms·
Right, unless the insurance company can hedge their bets. At it's simplest they could insure themselves with a re-insurance company. They could also figure ou
by tocomment 14y ago
Right, unless the insurance company can hedge their bets. At it's simplest they could insure themselves with a re-insurance company.
They could also figure out financial consequences of social security going away and place long term bets on that. If they are able to hedge properly, they're basically reselling that hedge.