LogFAQs > #949037787

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Topic	Politics Containment Topic 353: Sewage Runoff
Peace___Frog 01/02/21 9:40:57 PM #147:	red13n posted... Yes, but source on if any of this has happened? Typically insurance companies make so much money that things like this are a drop in the bucket. They are prepared for catastrophic payouts. this is your regular reminder that traditional insurers purchase insurance from reinsurers to ensure that even catastrophic events don't harm them significantly --- ~Peaf~ <cite>Peace___Frog posted [p:949037787] in Politics C... [t:79212423]...</cite> <quote>red13n posted... </cite> <quote>Yes, but source on if any of this has happened? Typically insurance companies make so much money that things like this are a drop in the bucket. They are prepared for catastrophic payouts.</quote>this is your regular reminder that traditional insurers purchase insurance from reinsurers to ensure that even catastrophic events don't harm them significantly --- ~Peaf~</quote> ... Copied to Clipboard!
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