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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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To: presidio9

I see I'm short some synapses in understanding how this industry works. But, if premiums are invested, I would think the impact isn't as bad as I had supposed.


103 posted on 09/11/2006 8:50:54 AM PDT by Froufrou
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