Life insurance payouts can not be faked or spun. Actuarial science can predict death rates by age to an unbelievably precise level. That is why life insurance companies make billions in profits, normally. When 0 to 44 year olds die at a rate 20% to 30% higher than expected, there is something huge causing it. I wonder what it could be?
Excess claims/mortality for Q3 22 group life as computed by the society of actuaries (SOA) for 0-44 age group will be 23.9% I am being told. About the same as Q2
Early Q4 22 read is it might tick up…stay tuned
What we do know is it’s basing at 23%-24% and that’s unacceptable pic.twitter.com/52miy74SnN
— Ed ☯️Free Thinker & Oracle (@DowdEdward) January 28, 2023