Originally Posted by therapy23
I suppose it is similar. They do have lots of statistics that they share portions of. But since I think insurance companies are basically evil I have to say that they will never be truly fair in pricing the cost for anyone. I don't know how the oversight is where you are. Here it is strictly regulated but they get away with "murder" all the time.
.... I guess they are there not to lose money
.... but they are in competition. Here the big competition seems to be between Groupama and Pantaenius. For winning clients they offer what they can without losing money and for that they have to have a good risk assessment and that's what I was talking about.