Added later: it's a bit like an illiquid derivative/options contract that is being marked at different values by party-counterparty. Yes, could be nefarious behavior, but also could be completely benign.

IMO, this commenter on the substack has the right attitude/

I also want to know where these public statements of Hannover Re are where "hundreds of reinsurance contracts" are listed. This is not the sort of information you can usually find for property/casualty contracts. So maybe has something to do with rules for life (which I am a bit oblivious of).

Right, this is the offending part of the article. It makes no sense to me as a smoking gun.

Now yes, there can be all sorts of fake risk transfer that has happened. This is what Gen Re and AIG got caught up in long time ago. Could this be happening? Sure.

...legal battles and contract wording where the loss has actually already incurred (as opposed to "actuarially booked") and the insurer and reinsurer disagree on whether it's covered by the contract (eg. Ukraine war, air lessor losses went to a court battle due to disagreement).

...reinsurance recoverable will on the other (liability) side have an associated incurred loss. So if you *do* want to argue that Hannover is right and the reinsurance wont need to pay out, then that means that loss on the liability side is also overstated. Now there can be funny things like...

...the Brookfield stance is more conservative. Now ofc, you should take this with the caveat that we are relying on a non-specialist journalist's second hand versions of what is going on. However, I stick by my point that the article is confused.

* - the other point to note is that the...

...Roughly: based on their analysis they think they will have to make some payouts that will trigger reinsurance. OTOH, their reinsurer has some other analysis (and possibly different accounting conventions) where they don't think the reinsurance will trigger. If anything you could argue that...

Nah, the whole Hannover thing is probably a non-issue. In fact, the fact that the end of the line in the reinsurance chain is Hannover (unaffiliated and otherwise well know entity) is a good sign. See, in the accounting the Brookfield entities have something booked as a reinsurance recoverable*...

...known VPN services and displaying that information as a warning too. I am sure if they do go back to fully rolling it out, there will be some ways to spoof the system (plus, you cannot trust the owner of the app one iota). However, I think it would still be a helpful step.

They have rolled it back. Last night for about an hour you could see everyone's location info. Now it's gone back to only seeing your own (I think there is a user setting where you can choose to display it).

In flux. But when they rolled out for that hour, they were also matching IPs with...

And now it seems to be rolled out with country sharing turned on by default. For instance (I am telling ya, all these ragebait accounts are predominantly not American).

I do think there is some hope that it will help some. A part of me believes that a large part of the rage bait on there is foreign actors just sowing discontent.

Can definitely see your own. At the moment, it seems you can enable publicly showing your own country of origin (distinct from user entered location). Don't know how spoofable this is via proxies, etc. Seems to be some indication that when they fully roll it out, it wont be totally trivial to spoof.

Wait, did you marry into the family and stage a silent coup?

(I dont know what we are talking about here)

Did you have it scrape the numbers? Or did you feed it separately compiled data?

This going to end with him eventually buying Bitcoin?

...and anticipated a lot of current science as well as current sci-fi).