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Off Topic Off Topic - General non-Corvette related discussion. |
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11-29-2013, 11:10pm | #1 | ||||||
Barn Stall Owner #16A
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Do insurance companies
Have insurance on their own buildings? Or do they self-insure them?
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11-29-2013, 11:21pm | #2 | ||||||
Goldilocks
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11-29-2013, 11:41pm | #3 | ||||||
Barn Stall Owner #16A
Barn Stall Owner #16B NCM Supporter '11,'13 Bantayan Kids '13
Join Date: Jan 2011
Location: NW FL
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Thanked 13,061 Times in 7,342 Posts
Gameroom Barn Bucks: $602908
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11-30-2013, 6:15am | #4 | ||||||
Barn Stall Owner #1969
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Insurance companies have insurance... called reinsurance. Wife's uncle was in the reinsurance business, he did quite well.
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11-30-2013, 10:28am | #5 | ||||||
Dorkapottamus
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I suppose you could be right, alhough that isn't "my" definition of reinsurance. To me reinsurance is sharing the risk by insurance companies; part or all of the insurer's risk is assumed by other companies in return for part of the premium paid by the insured; reinsurance enables a client to get coverage that would be too great for any one company to assume.
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11-30-2013, 10:36am | #6 | |||||||
Goldilocks
Barn Stall Owner #905 Bantayan Kids '13,'15
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Quote:
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11-30-2013, 10:42am | #7 | ||||||
Barn Stall Owner #3
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11-30-2013, 10:45am | #8 | ||||||
Goldilocks
Barn Stall Owner #905 Bantayan Kids '13,'15
Join Date: Jan 2011
Location: My butt's been wiped.
Posts: 30,981
Thanks: 5,227
Thanked 16,607 Times in 7,133 Posts
Gameroom Barn Bucks: $1009320
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11-30-2013, 11:38am | #9 | ||||||
Barn Stall Owner #3
Barn Raising I NCM Supporter '11, '12
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11-30-2013, 11:43am | #10 | ||||||
Goldilocks
Barn Stall Owner #905 Bantayan Kids '13,'15
Join Date: Jan 2011
Location: My butt's been wiped.
Posts: 30,981
Thanks: 5,227
Thanked 16,607 Times in 7,133 Posts
Gameroom Barn Bucks: $1009320
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11-30-2013, 2:04pm | #11 | ||||||
Barn Stall Owner #2112
Fantasy Football Champ '14,'16,'20 Bantayan Kids '13
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Oh.... Dis is good... I guess I'll hang out here and watch this train wreck until my cousin gets here with his pick 'em up to take all of my metal..... |
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11-30-2013, 6:14pm | #12 | ||||||
Barn Stall Owner #3
Barn Raising I NCM Supporter '11, '12
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Location: Texas City, TX
Posts: 12,098
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Thanked 4,155 Times in 1,854 Posts
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