@sserulle
In traditional insurance, one of the most important metrics is the loss ratio = claims ÷ premiums.
Example: Collect $1M in premiums, pay $600k in claims → 60% loss ratio.
Too low = maybe overpricing customers.
Too high = not sustainable.
Sweet spot = ~60–70%.
What excites me about on-chain models → loss ratios can be transparent in real time through smart contracts + dashboards.
Curious: if you could see an insurer’s performance transparently every day, would it make you more likely to buy coverage or stake capital?
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