To: presidio9
A big question I have: who insures the insurers? Chubb? How much did those claims impact the industry?
86 posted on
09/11/2006 8:12:34 AM PDT by
Froufrou
To: Froufrou
The reinsurance industry as a whole.
95 posted on
09/11/2006 8:26:13 AM PDT by
wideawake
("The nation which forgets its defenders will itself be forgotten." - Calvin Coolidge)
To: Froufrou
The reinsurance industry. But also, they invest the premiums. Many of the best sell-side traders at the dealers leave to become buy-side traders at the insurance companies. The finance side of the business is often huge.
99 posted on
09/11/2006 8:39:48 AM PDT by
presidio9
(“The term ‘civilians’ does not exist in Islamic religious law.”)
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