Scandinavia and the World
 

Comments #9591259:


Lucky Accident 6 2, 5:15am

@txag70
[ Is the insurance government provided, or is there a corporation for the insurance? ]

More like corporations. For private reinsurance one needs many corporate entities.

[ Also, really high risks and subsequently high insurance premiums may cause inefficient competition. ]

Again, that is to be expected. Other alternative industries with lower risk premiums thus get an advantage. Also, the state could interfere to avoid or break monopolies.







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