Detailed view for this entity.
“We can pledge to cover twice as many risks as we hold the funds for. So we can hold, you know, a million pounds, for example, but promise that we can cover 2 million pounds worth of risks. Why? Because by pooling these risks and pooling these funds, um, and using these these uh these calculations, we know that not all of those risks are going to trigger in the same way in the same year.”
“We can pledge to cover twice as many risks as we hold the funds for. So we can hold, you know, a million pounds, for example, but promise that we can cover 2 million pounds worth of risks. Why? Because by pooling these risks and pooling these funds, um, and using these these uh these calculations, we know that not all of those risks are going to trigger in the same way in the same year.”