Great series of charts and informative as always! The insurance industry is one of the most misunderstood industries today.
Because of risk pooling, most only see what they pay to the insurance company....they don't see just how much is paid out . A LOT is paid out every day. A small premium of $1000 could easily have a $1 Million claim.
Great series of charts and informative as always! The insurance industry is one of the most misunderstood industries today.
Because of risk pooling, most only see what they pay to the insurance company....they don't see just how much is paid out . A LOT is paid out every day. A small premium of $1000 could easily have a $1 Million claim.