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driving_crooner
driving_crooner@lemmy.eco.br
Joined
80 posts • 2K comments
Years ago I read an study about insurance companies and diversification of assets in Brazil. By regulation, an individual insurance company need to have a diversified investment portfolio, but the insurance market as a whole not. the diversification of every individual company sum, as a whole of all the insurance market, as an was exposed market, and the researchers found, iirc, like 3 banks that if they fail they can cause a chain reaction that would take out the entire insurance market.
Don’t know why, but your comment made me remind of that.