6min chapter

ACQ2 by Acquired cover image

Reinsurance, Climate + Kindergarten Ventures (with Nat Manning)

ACQ2 by Acquired

CHAPTER

The Underwriting of Fire Insurance

Insurance creates this great liquidity into the end of the market, ok? So speaking of keeping money aside edo to cover losses. The quicrk competence, operating compency of a reinsurers is your models,. But the other actual side of the equation is capital. Eeaao, you start a reinsurance company when you're talking about ito insuring hundreds of millions, billions of dollars of assets? Yes, exactly right. And so what you need to do is really as this, this transfer of risk to capital. We often talk to the team about it being like standard oil. We want to be the middle to the end user who wants the crude refiner and

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