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A comment on Is the World Becoming Uninsurable?. Parent comment

Re:Is the World Becoming Uninsurable? by bruce511 on Friday January 17, 2025 @02:26PM (#42742248)
Ironically they don't profit off the misfortunate customers. Those ones typically get back more than their premiums.

They profit off the fortunate customers, those who have no need to claim from insurance.

[ Parent | on HN ]
Re:Is the World Becoming Uninsurable? by derangedHorse on Saturday January 18, 2025 @07:50AM (#42747968)
Even that depends on the length of their coverage and the claims the customers are able to make.
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