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A comment on The strange business of hole-in-one insurance. Parent comment

Re:The strange business of hole-in-one insurance by zeckalpha on Tuesday May 03, 2022 @08:48PM (#31255515)
It can be circular rather than nested. You may reinsure a peer company’s auto policies while they reinsure your home policies.
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Re:The strange business of hole-in-one insurance by pmoriarty on Wednesday May 04, 2022 @09:01AM (#31259789)
But that's not really circular, is it?

If they have to pay out on their reinsurance of your home policies the fact that you've reinsured their auto policies does not help them.

Someone has to insure their reinsurance of your home policies, don't they?

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