[Someone1234]

> Guaranteed Buyback Clause

So you're running an insurance company. You accept your client's risk, and they pay you for it. My questions would be around the amount of potential liabilities that are on your books and how you model those accurately?

For example if a recession hit, and clients start activating the buyback clause, you make certain assumptions about if you can then resell the reservations to other clients/external parties/etc, but in recessionary conditions those are very challenging to model.

Or is your get out of jail free card that you won't Guarantee as client usage falls only increases?