Insurance companies invest the premiums they collect from policyholders into REITs, which generate income from real estate. When claims come due, insurers draw on that cash flow, ensuring a steady profit stream and protecting them from losses.
Are you in the deal room? Blake and Katya, look up ESOP. That's homework. ESOP, right? Am I right?
Employee Stock Ownership Plan.
There you go. There you go. It didn't take long. Blake, come on, man. Like, represent the YG, bro. Come on.
I already had to look up what an REIT is, but that's a Real Estate Investment Trust. There you go.
So, and who buys those? Who buys real estate investment trusts? He buys them or builds them, buys them, builds them, whatever. It's the big guys. Insurance company.
Yeah.
Your insurance company has a REIT. Why do they have a REIT? Because they have to make money off of the cash you send them called your premium.
Yeah.
You're sending them money every month. They take that money, it goes in a bank account that they use to go and get property. And what they do is they make money on your money while it's over there in the premium column. When they got to pay, when they got to pay for somebody that doesn't know what they're doing and driving, and they got to pay a settlement on something, they take the money out of the income that comes from the real estate they're invested in. Right. So they're never losing money. They're always making money. Right. Crap tons of it.
