A real sign of the times: Insurers are selling "catastrophe bonds" at a truly eyepopping rate.

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Sheesh. Wild.
If anyone doubts the risks we face as a species only has to look to people whos job it is to bet lots and lots of money on things/catastrophies happening or not.
55 $degen

People psychologically always overpay for insurance after the disaster or risk has passed. At least we hope? 100 $tipn

It is Kinda scary when insurance companies are betting so much on disasters.

Would love to see the investor breakdown… how much of this is reinsurance vs speculative finance?