alt Hacker Newsthe world is always insurable
the more volatile it is (and the less you've mitigated the risks), the more expensive your insurance gets
the world is always insurable
the more volatile it is (and the less you've mitigated the risks), the more expensive your insurance gets
This seems willfully naive.
As with any market, there will be a price that the market cannot bear; and if your 'floor', your minimum policy price offering, is too high for your market, then insurance (as an asset class) no longer has product-market fit.
QED.