Ep 397. The Financial History of GEICO with Capital Allocation Author, Jacob McDonough
Focused Compounding
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The Effects of National Indemnity on the Insurance Business
National indemnity probably did better than some of the stuff that bircher at started up and added on in new states I think those results were probably really horrible. The underwriting loss you're right was heavy in urban auto So some you know, maybe this combined ratio wouldn't have looked so bad if they never did The expansions and starting up stuff from scratch.
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