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''Despite your carry on here is the proof of your insurance...

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pintohoo

87,858 Posts.

75

21/08/24

20:40

Post #: 75313113
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Originally posted by nippy ↑

@pintohoo

Despite your carry on here is the proof of your insurance folly >

Insurance giant IAG posts $900 million profit on the back of rising premiums (msn.com)

So, the 'disasters' were just an excuse to raise premiums way over the cost of doing business thus resulting in higher profits. They made so much money they are doing a 350 million share buy back.

Thankfully not everyone sucks down the Kool aide with zero critical thinking skills.

I believe the term is 'useful idiots' for people that help business expand their profits due to others gullibility.

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''Despite your carry on here is the proof of your insurance folly''

proves nothing to me - I've no idea of what kind of logic you think it is
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