“Melbourne's been terrible for property for the last 10 to 15 years… land tax just up… property a really tricky investment”
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Said on The Finance Garage
Insurance Journal Podcast · EP. 119: A New Era of Risk with AI Data Centers
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launch Stratus, a digital-infrastructure property insurance exchange with up to $10 billion of capacity on a single placement basis
$10 billion
“Melbourne's been terrible for property for the last 10 to 15 years… land tax just up… property a really tricky investment”
“We were earning a spread over SOFR of 14.6%... the bank and the ETF settle up every day... we are providing insurance against a very large single day drawdown to a bank”
“Determine whether or not they have the capacity to obtain or maintain the insurance that's required for that service to be provided”
“The new property manager started documenting things... we had the documentation saying... they were lying. My insurance ... paid around $14,000 to $15,000 to settle the case.”
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