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Politics : Politics for Pros- moderated

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To: isopatch who wrote (764072)6/19/2022 8:23:33 PM
From: Shoot1st  Read Replies (2) of 794139
 
Retired many years ago from life insurance industry. I've never heard of a company ever having to liquidate an asset to pay a claim. Claims have been paid through premium flow historically. And I doubt at any time an entire premium flow had to be used to support any type of shock claim event.

And the smaller insurance companies re-insure amounts often just over small 6 figures with often several other insurance companies.

I think we could have a zombie apocalypse and the life insurance industry wouldn't burp.

This doesn't mean bad shit has and will happen..........

Shootie
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