Money an insurer holds from premiums before it pays claims.
浮存金
| Move变动 | Where it appeared出现位置 | What it means这句话在说什么 |
|---|---|---|
| $178.5bn | Too much cash, and the best buy is itself 浮存金 · 第 5 张术语卡 | Berkshire's float was about $178.5 billion, and it invests that money. 浮存金是保险业最特殊的东西：这笔钱不属于公司，却可以先拿去投资，赚到的归公司。如果承保还能盈利，等于「别人付钱让你用他的钱」。伯克希尔的浮存金从 1960 年代的几千万美元长到今天的 1,785 亿，这是它复利故事的核心。 |