All Risk Insurance Quotes & Sayings

Socialism is an insurance policy bought by all the members of a national economy to shield them from risk. But the result is to shield them from knowledge of the real dangers and opportunities ... — George Gilder

There is much that public policy can do to support American entrepreneurs. Health insurance reform will make it easier for entrepreneurs to take a chance on a new business without putting their family's health at risk. Tort reform will make it easier to take prudent risks on new products in a number of sectors. — Eric Ries

Here in Silicon Valley, I have taken part in hundreds of conversations trying to convince people to dive in and become entrepreneurs. All too often, innovators with good, safe, jobs are unwilling to put their family's access to health care at risk by walking away from company-backed medical insurance. — Eric Ries

Since the 17th century, insurance agents have been the foremost experts on risk. — Charles Duhigg

Those who are courageous, go headlong. They search all opportunities of danger. Their life philosophy is not that of insurance companies. Their life philosophy is that of a mountain climber, a glider, a surfer. And not only in the outside seas they surf; they surf in their innermost seas. And not only on the outside they climb Alps and Himalayas; they seek inner peaks. But remember one thing: never forget the art of risking - never, never. Always remain capable of risking. Wherever you can find an opportunity to risk, never miss it, and you will never be a loser. Risk is the only guarantee for being truly alive. — Osho

Life Insurance is a mitigation to the risk of your life
Financial Freedom is a mitigation to the risk of living your life !!
Choice has always been yours. — Manoj Arora

Interestingly, Agile's scrum-team approach has its own way of aggregating some execution risk. For example, in a traditional "single task owner" approach, the risk of execution is not aggregated at all, leaving that task owner to add a lot of task-level buffer to self-insure and deliver on his commitment. In contrast, a 5-person scrum team aggregates the risk that any single individual will make slow progress, as the other four team members can often make up the deficit.

But why aggregate only up to the scrum-team level? Taking a lesson from the insurance industry, the more that risk can be aggregated, the easier it is to manage. Applied to projects, this will nearly always mean that it's better to aggregate risk at the project level. As a result, an Agile project can improve speed by avoiding sprint-level commitments. — Michael Hannan

It is most attractive about the US to people and countries with wealth is that it can provide security, insurance really, against political instability. Nobody is afraid that the money they place in the US is at risk of expropriation or of in some other way being taken away. For this safety, the wealth holders of the world are willing to accept a lower rate of return. — Milton Friedman

I think the people that want to fly in space, who want to work in space, who want to go to station, these people realize that there is a risk inherent to what they do. They understand that there are possible off-nominal situations, dangerous situations in space, and there's no insurance against that. — Roman Romanenko

The irony is that it was tougher to rent a car from Cerberus when it owned Alamo than to buy a semi-automatic. To rent a car, one had to provide ID, a drivers' license, and get insurance coverage. To buy a gun? Cash and carry, from the back of a station wagon at a gun show. No concerns about downstream liability or risk. — Eliot Spitzer

We try to create a situation where we're the casino. It's like how an actuary would set insurance rates. Predictability, predictability, predictability. What's the path to least risk? What's the greater chance of getting some return on this asset? — Billy Beane

People who are in a position of finding out that they're at risk for some illness, whether it's breast cancer, or heart disease, are afraid to get that information - even though it might be useful to them - because of fears that they'll lose their health insurance or their job. — Francis Collins

Did I ever tell my constituents that if they liked their plan they could keep it? I would have if I ever met anybody who liked his or her plan, but that was not my experience, that was not my experience. And it was not my experience as a mother of five, who occasionally has a bad back and the rest of that. I was considered a poor risk, even though I had some resources and thought I was quite strong for having five children. But the insurance company didn't see it that way. — Nancy Pelosi

Facts are, insurance ratings are really dependent on the notion that some people are higher risk than others. — Patrick J. Kennedy

Health care is very different from other sectors of the economy in several respects, one of which is the fact that the risk can be very high beyond people's ability. That leads to insurance. — Joseph Stiglitz

In more than 500 instances, from the Gulf of Alaska to Bar Harbor, Maine, FEMA has remapped waterfront properties from the highest-risk flood zone, saving the owners as much as 97 percent on the premiums they pay into the financially strained National Flood Insurance Program. — Bill Dedman

How do commercial interests usually protect themselves from liability claims? Through insurance. In fact, in our society, the litmus test for safety is insurance. You can be insured for almost anything if you pay enough for the premium, but if the insurance industry isn't willing to bet its money on the safety of [biotechnology], it means the risks are simply too high or too uncertain for them to take the gamble. — David Suzuki

Your insurance broker has your telephone number, but your insurance broker doesn't have your Facebook ID. I think they are very different modes of communication. Commingling them can come with risk and peril. — Brian Acton

We gauge risk literally hundreds of times per day, usually well and often subconsciously. We start assessing risk before the disaster even happens. We are doing is right now. We decide where to live and what kind of insurance to buy, just like we process all kinds of everyday risks: we wear bike helmets, or not. We buckle our seatbelts, smoke cigarettes, and let our kids stay out until midnight. Or not. — Amanda Ripley

Once you are a victim of a bombing, you enter a risk group to which they will not sell insurance. — Ernst Zundel

With the socialization of the health care system through institutions such as Medicaid and Medicare and the regulation of the insurance industry (by restricting an insurer's right of refusal: to exclude any individual risk as uninsurable, and discriminate freely, according to actuarial methods, between different group risks) a monstrous machinery of wealth and income redistribution at the expense of responsible individuals and low-risk groups in favor of irresponsible actors and high-risk groups has been put in motion. — Hans-Hermann Hoppe

In the case of the Irish banks, the private bonds that they had purchased were uninsured. In the case of Greek state bonds, their buyers also knew that these were Greek law contracts, meaning that they could be given a haircut (written down) by a future stressed Greek government. This is precisely why the interest rates were higher than in Germany. Higher risk, higher rewards. As long as the gamble was paying off, the German bankers reaped benefits that they shared with no one. But when the gambles turned bad, as Irish banks and the Greek state failed, they demanded that the taxpayers of Greece and Ireland pay up, as if they had bought insurance from them. — Yanis Varoufakis

Obamacare is a program designed to shift control of the health care industry from the private sector to the public sector, from doctors, hospitals, and insurance companies to the federal government. The program was sold by Obama feigning outrage over insurance companies refusing to grant insurance to people with "preexisting conditions." But this is the same as an insurance company not granting fire insurance to a guy whose house has already burned down. The whole point of insurance is to share the risk before the catastrophe occurs, not to have a catastrophe and then get other people to pay for your losses. — Dinesh D'Souza

default swaps on subprime mortgage bonds. Only a triple-A-rated corporation could assume such risk, no money down, and no questions asked. Burry was right about this, too, but it would be three years before he knew it. The party on the other side of his bet against subprime mortgage bonds was the triple-A-rated insurance company AIG - American International Group, Inc. Or, rather, a unit of AIG called AIG FP. AIG Financial Products was created — Michael Lewis

As an entrepreneur, I knew that if my company failed, I could always try again. So I often felt that the only real risk of true financial ruin came from the possibility of a serious illness that either exceeded my insurance plans lifetime limits, or was not covered due to rescission. — Eric Ries

When the Goldman Sachs saleswoman called Mike Burry and told him that her firm would be happy to sell him credit default swaps in $100 million chunks, Burry guessed, rightly, that Goldman wasn't ultimately on the other side of his bets. Goldman would never be so stupid as to make huge naked bets that millions of insolvent Americans would repay their home loans. He didn't know who, or why, or how much, but he knew that some giant corporate entity with a triple-A rating was out there selling credit default swaps on subprime mortgage bonds. Only a triple-A-rated corporation could assume such risk, no money down, and no questions asked. Burry was right about this, too, but it would be three years before he knew it. The party on the other side of his bet against subprime mortgage bonds was the triple-A-rated insurance company AIG - American International Group, Inc. — Michael Lewis

Goldman Sachs itself - and so Goldman was in the position of selling bonds to its customers created by its own traders, so they might bet against them. Secondly, there was a crude, messy, slow, but acceptable substitute for Mike Burry's credit default swaps: the actual cash bonds. According to a former Goldman derivatives trader, Goldman would buy the triple-A tranche of some CDO, pair it off with the credit default swaps AIG sold Goldman that insured the tranche (at a cost well below the yield on the tranche), declare the entire package risk-free, and hold it off its balance sheet. Of course, the whole thing wasn't risk-free: If AIG went bust, the insurance was worthless, and Goldman could lose everything. Today Goldman Sachs is, to put it mildly, unhelpful when asked to explain exactly what it did, and this lack of transparency extends to its own shareholders. If a team of forensic accountants went over Goldman's books, they'd be shocked at just how good Goldman is at hiding things, — Michael Lewis

This legislation provides Medicaid eligibility to evacuees and residents in (Federal Emergency Management Agency) designated disaster counties, .. It also helps pay private health insurance premiums for those at risk for losing their coverage. — Thad Cochran

Low-income people everywhere will be at risk of food insecurity due to loss of assets, absence of alternative livelihood options and lack of adequate insurance coverage from extreme weather events. — Jacques Diouf

RelayRides and WhipCar, AirBnB, Roomorama and One Fine Stay are all stellar examples of how new, access-based offers entice and provoke insurance companies and banks to re-think risk, value, customers and deal terms. — Lisa Gansky

Structured settlements are a common way for people who have been injured to receive an insurance payout. The periodic payments provide ongoing income and reduce the risk of blowing a lump sum through poor financial choices. — Suze Orman

If nuclear power plants are safe, let the commerical insurance industry insure them. Until these most expert judges of risk are willing to gamble with their money, I'm not willing to gamble with the health and safety of my family. — Donna Reed