“Cut and sew is not the type of work Americans want,” Smeaton says. “In China, labor costs are $2 to $3 an hour. In America they are $20 an hour.” He explains that tariffs would have to rise to 500% to make reshoring worth considering. Many firms would be out of business long before then.
对险企来说，聚合风险最要命的不是单笔赔付，而是资本占用与再保承接能力被同时击穿。FT 也提到，市场担心出现多十亿级别系统性索赔，因此承保倾向会走向收紧甚至排除。
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Editor: Martin Smith
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