Posted 1/21/2019 13:07 (#7261387 - in reply to #7261216) Subject: RE: You're correct but....
You're correct about the fraud but that was if the insurance company does it. Is it fraud if a trader does it?
As for sweating bullets, I calculated that the insurance companies would save several billion in payouts so if they risk $300 M but avoid $2-3 billion in loses then it would be well worth it.