CSG too risky for insurers, page-2

  1. 689 Posts.
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    Certainly "interesting" in terms of either its bias, or just lack of understanding of the insurance industry. You decide!

    Lots of things don't offer mass market insurance, typically because they either are so infrequent/unlikely to have insufficient demand to justify the cost, or in a similar way, the insurer doesn't see it a profitable enough area to operate e.g. too few policies to justify the expense of the actuarial analysis, claims and operations staff.

    For the article to imply that it's too risky to insure is laughable. Ultimately anything is insurable, as long as you are willing to pay. As said, it's either misinformation from bias, or extreme business naivety.
 
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