23 Nov 2022 7:42 am
You may not see it but numbers don't lie.GeorgeWashington » 23 Nov 2022, 12:32 am » wrote: ↑ That may be true where you are, but I don’t see it here.
Life insurance CEO says deaths are up 40% among people ages 18-64
“And what we saw just in third quarter, we’re seeing it continue into fourth quarter, is that death rates are up 40% over what they were pre-pandemic,” he said."
“Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.”
So that's 4 times what would be expected to result from a once in 200 years catastrophic event.
Fifth-largest U.S. life insurer reports 163% rise in 2021 death-benefit payouts