@QuisitiveInvest
$2 billi was the premium right?
I'm pretty sure that his insurance business can go broke without endangering the cash kept by Berkshire, but correct me if wrong.
For business interruption? Seems like a reasonable premium to me. Happy to be corrected.
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If the payout was $2bn, the premium was way less... It's an expected value calc, where the uncertainty is the % chance of the insurer having to pay
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