Business Can’t Rely On Private Market Insurance In the Next Pandemic
Both capital capacity and modeling limitations mean that the private insurance and reinsurance industry will sit on the sidelines of global pandemics.
Both capital capacity and modeling limitations mean that the private insurance and reinsurance industry will sit on the sidelines of global pandemics.
Buffett and Berkshire on Florida exposure, GEICO frustrations and how they were “forced” out of banking and fell into insurance.
With costs rising on the public market, Dimon sees insurance as a play.