Want REAL Evidence. Actuarial Data From Life Insurers. Listen to what Ed Dowd, former CEO of Blackrock has to say. Go to the link to read full article as this is incredible hardcore actuarial data. Deny all you want.
Long Funeral homes, Short The Life Insurers
https://www.zerohedge.com/covid-19/long-funeral-homes-short-life-insurers-ex-blackrock-fund-manager-discovers-some-disturbing
OneAmerica insurance company CEO Scott Davison revealed that they had witnessed 'the highest death rates in the history of this business - not just at OneAmerica' with a jump of '40% over what they were pre-pandemic.' Interestingly, Davison noted that the majority of deaths are not classified as due to Covid-19
Ex-Blackrock fund manager Ed Dowd is in the former camp, and has spent the last month analyzing breadcrumbs associated with a rise in excess mortality vs. pre-pandemic levels. Given that we're now in the middle of earnings season, there are some pretty big crumbs rolling out of the insurance and funeral services industries which are beginning to paint a disturbing picture
On Tuesday, financial insurance company Unum reported that their Life segment saw an increase of 9% in their ratio of payouts vs. premiums (Benefit ratio), a 17.4% increase in 2021 vs. 2020 despite widespread vaccinations, and a 13.3% increase over 2019
In 2019 the unit had $266 million profit, last year a profit of $82 million & this year a loss of -$192 million. A swing of $458 million lower over 2 years. Important to remember these are employed working age folks.
So the CEO in his own words. They are mandating vaccines in the workplace and raising premiums in lower vaccinated counties because they are mistakenly guessing here initially. The premiums will change to higher vaccinated areas as time moves on is my guess
Yes, you read that right. Higer premiums for the vaccinated and that could be the least of the problems.