Im also think so. They made parthnership with real insurance company. I dont know why price still low now

I don't think everyone understands how huge Gen Re partnership is... $14 billion in capital and $6 billion in premiums!
Quote from:
http://www.genre.com/aboutus/meet-genre"Gen Re is a member of the Berkshire Hathaway family of companies, and has earned superior financial strength ratings from each of the major rating agencies. We take our commitments very seriously. And with $14 billion in capital and $6 billion in premiums, we only make promises we can keep.
A.M. Best: A++ (Superior)
Moody's Financial Strength Rating: Aa1
Standard & Poor's Claims Paying Ability Rating: AA+
Financial strength ratings of Gen Re's reinsurance operations."