Re:It’s mostly a demand shock, not a supply shock, and it’s ...
by maest on Tuesday November 09, 2021 @05:29AM
(#29159862)
Insurers can spread their risk along multiple insurance lines.
If you're Airbnb, you're exposed to one type of risk: houses getting damaged. If you're Lloyds/GEICO, you're spread out over health risks, housing risk, car risk, maybe some financial assets risk etc
If you're Airbnb, you're exposed to one type of risk: houses getting damaged. If you're Lloyds/GEICO, you're spread out over health risks, housing risk, car risk, maybe some financial assets risk etc