"Resources." They didn't want to pay to do the work so that citizens will bear 100% of the risks and costs even though they already paid for it. We'll also have to pay to bail out the insurance companies that I guarantee will cry that they don't have large enough reserves despite historic stock buybacks and dividends in the industry.
This, but for basically every for-profit insurer for the past five years. Anyone with insufficient reserves now should be nationalized because clearly their for-profit model is useless.
"Resources." They didn't want to pay to do the work so that citizens will bear 100% of the risks and costs even though they already paid for it. We'll also have to pay to bail out the insurance companies that I guarantee will cry that they don't have large enough reserves despite historic stock buybacks and dividends in the industry.
A failure on so many levels.
This, but for basically every for-profit insurer for the past five years. Anyone with insufficient reserves now should be nationalized because clearly their for-profit model is useless.
https://www.reuters.com/markets/europe/zurich-insurance-announces-125-bln-buyback-after-record-profit-2024-02-22/