October 16, 2004

Iraq Insurance Market

According to Iraq The Model, for the past 10 years prior to the invasion there was no life or theft insurance available. You couldn't get your car insured, nothing. Premium income just wasn't enough so the state owned insurance company just stopped insuring things and shut down. Well, now in the "unstable", "dangerous", "chaotic" Iraq, insurance policies are once again being issued and honored.

Posted by TMLutas at October 16, 2004 07:34 PM