• johncutting [he/him]
    ·
    9 hours ago

    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/