7 Quotes by Andrew Coburn
- Author Andrew Coburn
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You can go 20 years without a hurricane. All it takes is one.
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- Author Andrew Coburn
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We don't predict where the attacks will happen, but we suggest the kinds of targets.
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Unfortunately, we've seen this over and over. We have these disastrous storms and people say, 'Oh my God this is terrible,' and then within a few years those memories fade.
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We don't agree with their ends, but they are not madmen. They have a logic, we can understand it.
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The problem is that none of this is market-based. If individuals were responsible for insuring their homes and individual communities were responsible for restoring their beaches, it would be a whole different scenario.
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Some people would come out here and say, 'This is a tragedy. Look what it did to these houses,' ... I'd say, 'This is normal' and 'Look at what these houses are doing to the beach.'
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It's the underwriting process. And portfolio analysis: how much money do I need to have in store to be able to pay for the claims?
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