Recent submissions

Comment · 1 month ago
Arrogance and stubborness would be insisting on doing things that are literally impossible. This is pushing people to go beyond "computer says no" attitude.
Comment · 1 month ago
This seems like US centric view. It’s big news, and highly relevant to tech workers across Canada and Europe.
Comment · 1 month ago
Does it fix the hideous floating sidebar UI?
Comment · 1 month ago
"Alter" is an interesting word choice
Comment · 3 months ago
Off topic but I really hate modern web design. I found the content of this article interesting but I could hardly read it scrolling through in-article ads, banners, etc. One of the reasons I like HN is the prevalence of personal blogs that just have text for me to sit and read.
Comment · 9 months ago
Terrifying read
Comment · 11 months ago
Reading some of the compendiums with Watersons commentary are a really interesting look into how things changed over the years and an insight into comic publishing
Comment · 11 months ago
The notion that big business is conspiring to keep children from playing in the rain because of… reasons… might be my new favorite conspiracy. I’m bought in.
Comment · 1 year ago
I'm not aware that these currently exist but the concept of reinsurance on reinsurance is not new (it's called retrocession). I will do some digging and see what I can find - thanks for the suggestion.
Comment · 1 year ago
Thank you! As an Actuary I'm not exactly known for my design skills so it was a lot of effort to get things looking the way I wanted.
Comment · 1 year ago
While Covid 19 was certainly a "Catastrophe", the market for pandemic insurance in 2020 was minuscule and to my knowledge did not cause any insurer solvency issues. There were a few cases of insurers being instructed to pay out significant claims by the courts on Business Interruption losses which the insurers argued were not covered due to existing policy exclusion.

Product development is usually highly specialized as there are a lot of nuances and frictions within the insurance industry that outsiders may not fully understand. It helps also to be in the industry and have the network with insurers, reinsurers, brokers, etc. This is not at all to suggest there isn't room for clever people to bring innovation to the market though!

Book recs are hard to specify for CAT bonds but for insurance in general:

Against the Gods: The Remarkable Story of Risk - Peter L. Bernstein

The Black Swan - Nassim Nicholas Taleb

On the Brink: How a Crisis Transformed Lloyd's of London - Andrew Duguid

The last one is a personal favourite of mine

Comment · 1 year ago
Thank you! No matter how many times I read things over I managed to leave a few behind. I will make those edits shortly.
Comment · 1 year ago
New opportunities for retail investors have been popping up lately! That’s a big part of what Riskvest is meant to document.

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