Seems a lot of you need to understand insurance risk and how its spread through reinsurance. Again the internet is a great place for you to learn.
But I will help a little by posing a question.
What do you think would happen to insurance premiums around the world if all public infrastructure and all private infrastructure was insured against the types of damage we see in the events that are hitting the US, Pakistan, Europe and Oz in the last year?
I would by lining up to buy Insurance stocks!!!
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Shanthar Pathmanathan, MD
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