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What if some improbable event happened like a major Earthquake or war or something that unexpectedly kills a lot of young people. Would the insurance company be
by Houshalter 12y ago
What if some improbable event happened like a major Earthquake or war or something that unexpectedly kills a lot of young people. Would the insurance company be able to pay out?
- Erwin 12y agoWho insures the insurers? The reinsurers: http://en.wikipedia.org/wiki/Reinsurance http://en.wikipedia.org/wiki/Reinsurance Interestingly, insurance actuaries here in Denmark has one of the highest incomes. 25% of those with the degree end up in top-1% income (vs 11% of those with a law degree). More (in Danish): http://www.business.dk/karriere/her-er-vejen-til-den-hoejeste-loen http://www.business.dk/karriere/her-er-vejen-til-den-hoejest...