When a house insurance company has an influx of insurance claims coming in does their stock value go up or down?
>>3357569
They have insurance for insurance companies, its called reinsurance (e.g. insurance against needing to pay out 10,000+ homeowners insurance policies at once). Its not going to affect them dramatically one way or the other.
>>3357569
Depends if they sold the polices to other companies to spread risk.
A lot of the time the stocks will actually go up because everyone is going to want insurance now and they can overcharge them.
as i understand it, most of those insurers are private.
Also; from what I've read, they have insurance policies themselves.
I don't think this is really a tradable event.
>>3357569
I know what youre thinking,
No you wont make money from shorting insurance companies "in" texas. If you wanna make money from that go texas become a contractor or learn how to hang drywall