Investing in Like-minded Organizations and Challenges in the Reinsurance Business

This chapter discusses the importance of investing in organizations that share similar values and qualities, while highlighting the challenges of correcting certain problems within them. It also explores the reinsurance business, including the presence of competitors, excess capital, and the difficulty of evaluating and pricing risk. The speakers emphasize the advantages of their reinsurance businesses, such as their strong reputational advantage and ability to take on attractive business due to having a lot of capital behind them.