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posted 4 years ago by ThatsAlright 4 years ago by ThatsAlright +33 / -0
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▲ 13 ▼
– TerpenoidTester 13 points 4 years ago +13 / -0

Keep a close eye on these insurance figures coming out. They will not eat huge losses for the sake of keeping politicians hypocrisy silent, and they will release actual, useful information that is usable.

They are one of the few sources of information that is reliable.

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▲ 9 ▼
– FrozeInFear 9 points 4 years ago +9 / -0

I'll admit that my tinfoil hat is stapled on 24/7 anymore, but what is there to say that insurance industry folks won't just get some kind of kickbacks from someone else (for example, big med/pharma) to hide the useful aspects of their data? Are there some "standard" reports that they can't fudge numbers on?

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▲ 6 ▼
– deleted 6 points 4 years ago +6 / -0
▲ 5 ▼
– Killroyomega 5 points 4 years ago +5 / -0

Those are some big kickbacks you're talking about.

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▲ 3 ▼
– FrozeInFear 3 points 4 years ago +3 / -0

I'm entirely out of my depth. Is insurance the larger entity?

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▲ 7 ▼
– Killroyomega 7 points 4 years ago +7 / -0

I dunno how it is in Germany exactly, but in the US you can just imagine the long term payouts for a terminal heart disease.

Between hospital visits, surgery, medicine, etc, across a few hundred thousand people and you're looking at hundreds of millions in yearly charges incurred by the insurance companies.

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▲ 7 ▼
– current_horror 7 points 4 years ago +7 / -0

Let’s just say that a bailout for the insurance industry is not something that will go unnoticed. The government will have to hide it inside of a multi-trillion dollar package, and none of those are going to be passing again for a while.

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▲ 3 ▼
– subbookkeeper 3 points 4 years ago +3 / -0

Interesting theory.

Their losses are also insured by massive re insurers who are in the ESG space. Very simple matter to finance re insurers/large insurers based on ESG scores.

Done, they now produce propaganda.

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▲ 2 ▼
– Cup-a-Fart 2 points 4 years ago +2 / -0

Scheiße!

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