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Re: Re: "an act of war" & insurance payments

Rob Schaap wrote:

Are there large companies in America who specialise in reinsurance, such that
risk might be less than ideally distributed?


Yes, but not just in the U.S. Two of the biggest reinsurers are
European - Swiss Re and Munich Re (who are, by the way, both very
concerned about climate change leading to more severe storms, unlike
their U.S. counterparts). The consensus is that while a few little
insurers may go under, the big ones can handle it.

Doug


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