Karen Clark

So the price for reinsurance went through the roof.

It really was an amazing innovation and it was very exciting, I will say for me personally.

You know, it couldn't have happened without, you know, my model.

I had to fly all around the world, Tokyo, Frankfurt, London again, and be sitting in these smoke-filled rooms to explain to investors how the models work and convincing them that they

wanted to invest in these cap bonds.