After it gets to a certain point, we lose comprehension of the vastness, and the vast difference between, a million and a billion. You can comprehend a million easily enough. Hmm, if I’m one of those lucky souls making $100,000 annually, then a million is 10 years worth of salary.

Now think in terms of billions: one billion equals 1,000 millions. That’s a lot of millions! Take it a step further and try to imagine a trillion (like the $3.2 trillion national deficit). A trillion is 1,000 billions. I’ll stop there, because I think we all get the point. These kinds of numbers boggle the mind, and when it becomes particularly uncomfortable thinking about them, we do a mental block-out.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including and

Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join now!

  • Unlimited access to - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including, and
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.