Submitted by PatientBuilder499 t3_zwjjuf in worldnews
rubywpnmaster t1_j1xudt9 wrote
Reply to comment by putsch80 in Putin bans Russian oil exports to countries that imposed price cap -decree by PatientBuilder499
Yep the insurer has to be able to prove that they can cover what they are insuring against to be worth a damn.
US insurers only hold 8 trillion in cash and investments to be able to cover their asses. Totally easy industry to jump into.
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