the world is always insurable
the more volatile it is (and the less you've mitigated the risks), the more expensive your insurance gets
replies(1):
the more volatile it is (and the less you've mitigated the risks), the more expensive your insurance gets
As with any market, there will be a price that the market cannot bear; and if your 'floor', your minimum policy price offering, is too high for your market, then insurance (as an asset class) no longer has product-market fit.
QED.