stranger-originated life insurance n.— «In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s...
STOLI n.— «In what has to be the wackiest new trend in life insurance, many consumers are allowing total strangers to place bets on when they will expire—and the sooner they go, the bigger the payoff. It’s called Stranger-Originated Life...
halfway to India strategy n.— «Two other things give BATS an edge on price. One is what Mr Cummings calls the “Halfway to India” strategy. Being based in Kansas City means his firm can pay its eggheads much less than if they lived in New...