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>That's what the reinsurance market is for The risk is still being off-loaded to massive reinsurance companies.
by hnnewguy 12y ago
>That's what the reinsurance market is for
The risk is still being off-loaded to massive reinsurance companies.
- lclarkmichalek 12y agoMaybe? More likely it's packaged up into a derivative product which can then be spread among any size of institution. There's nothing fundamental about the reinsurance market that requires massive companies; that's the genius of it.