Another great piece. Maybe you will discuss the topic in 2nd part. But above almost sounded as if LH was less risky vs PC insurance. However, the long maturities of contracts can make LH more risky.
Great content. This is always a complicated business. It would be awesome a similar one explaining insurance brokers like WTW or AON, also a complicated to understand but quality business.
Nice post! I believe if you breakdown Private Equity/Asset Management industry it would be amazing content :)
Insurance has always been attractive to me because I knew Buffett made his billions by investing the insurance float.
Now I have better understanding of the business, great post mate!
Great piece! Looking forward to the next one!
Another great piece. Maybe you will discuss the topic in 2nd part. But above almost sounded as if LH was less risky vs PC insurance. However, the long maturities of contracts can make LH more risky.
Business models, a great topic! Thank you for the insurance business primer! Have a great weekend!
Great content. This is always a complicated business. It would be awesome a similar one explaining insurance brokers like WTW or AON, also a complicated to understand but quality business.