The Climate Change, Right?

Reinsurers started to outsource a lot of their modelling capabilities 25 years ago or so. Every single reinsurer uses the same model for fire, every single one o and it was last really up dated, and like, 20 19,. So that's not good for the industry. What kind of happens is not getting b what's happened over the last four or five years in california are we saw tunnel losses in 20 17 and 18. And when that happens, the capital leaps go. Ahd, the model's not working. I'm losing. When the supply disappears, the demand's fixed. The insurers need to buy a certain amount of cover, or they have to drop