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A Farmer Found A Trojan Horse: Now He Might Bring Down the Canadian Insurance Industry

FYI: Michael Hawkins was working his first job as an actuary in Regina, the capital of Saskatchewan, when he discovered the loopholes that could bring down the Canadian insurance industry. His boss at Crown Life, a former astrophysicist, told him that if people took advantage of the options that were in plain sight — at least to an actuary — in a broad range of insurance contracts, the companies would all be bankrupt.
Regards,
Ted
https://www.institutionalinvestor.com/article/b1cqjvxkr0h6zm/A-Farmer-Found-a-Trojan-Horse-Inside-an-Insurance-Contract-Now-He-Might-Bring-Down-the-Canadian-Insurance-Industry
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