We have all known this for a while now but now it is slowly getting into the mainstream. Vax deaths/injuries will be the biggest red pill for the general public in my opinion.
As long as you mean “general public = world population”… We are all seeing the cracks appear at our own personal levels, normies waking up, joining dots, speaking out where jabs are clearly causative even in their own lives (while also, in some cases, still stretching to defend the safe and effective jabs - they’ll come round eventually)… Redpilling the “general public” within a community is one thing; redpilling the entire planet, 50% of whom (wildly hazarded guess) queued up under government-inflicted hypnosis to be injected with a mystery fucking gene serum they neither needed nor requested, even under threat of loss of liberty or making a living, and then made their kids do the same, only to discover these jabs are a classic psychopathic wet dream where life expectancy of circa 50% of the planet is now determined by a form of bio-informatic Russian Roulette under their control where these elite psychofux are taking bets on all cause mortality and demographic transitions just for shits and giggles…
One would think Big Pharma left the Big Life boys out of the loop on Covid profits; however, many policies have a EUA clause so it evens out; particularly when Big Medical boys are claiming any life insurance proceeds for exorbitant billings. They all seem to win. . .until the crime against humanity is adjudicated. GITMO the lot!
Insurance pede here. Couple of things. As noted this is group insurance so for the most part, there is no or little underwriting so you are going to have a generally less healthy group. I don't know what expected mortality is for group, but it is higher than the individual market which is my background. Still these numbers are way out there, considering this is a group of people that are working age.
Pru and Met have large blocks of group - they will be the ones to watch. NYL and NML are primarily individual - they are also mutual companies, not stock. Higher than expected mortality will be reflected in future dividends. I doubt they will announce anything . Don't be surprised to see rate increases on non-guaranteed premiums on in-force blocks as well as higher rates for new business going forward.
The key block to watch, is term. Most people believe 'whole life' is the money maker for the company compared to the less expensive term. Not true - term is the money maker. The expected mortality on term is about 7%. For everyone 100 term policies sold, the expectation is that only 7 will result in a claim. I recently worked for a company that targeted younger clientele (late 30s/early40s). They were fighting about a price increase because it wasn't in line with the competition. One of the roadblocks was bad mortality - 15% instead of 7%. All term. Ironically, they are the ones that are probably priced correctly.
I have tried to bring this story to the attention of people that are either in the industry or at least on the peripheral. It is amazing how many times I have heard 'it's because everyone put off going to the doctor to get preventative care.' Okay, that might be some, but there is no way it accounts for all.
Lastly, this is a highly regulated business. Ratings agencies will look at the numbers and this will have a snowball affect. Also, at one point, the CEOs are going g to have to address this as part of their fiduciary duties to the stockholders. The CV narrative has outlived its usefulness because people - and Wall Street - can see it is not adding up.
Months ago I heard deaths were up over 40%.
We have all known this for a while now but now it is slowly getting into the mainstream. Vax deaths/injuries will be the biggest red pill for the general public in my opinion.
As long as you mean “general public = world population”… We are all seeing the cracks appear at our own personal levels, normies waking up, joining dots, speaking out where jabs are clearly causative even in their own lives (while also, in some cases, still stretching to defend the safe and effective jabs - they’ll come round eventually)… Redpilling the “general public” within a community is one thing; redpilling the entire planet, 50% of whom (wildly hazarded guess) queued up under government-inflicted hypnosis to be injected with a mystery fucking gene serum they neither needed nor requested, even under threat of loss of liberty or making a living, and then made their kids do the same, only to discover these jabs are a classic psychopathic wet dream where life expectancy of circa 50% of the planet is now determined by a form of bio-informatic Russian Roulette under their control where these elite psychofux are taking bets on all cause mortality and demographic transitions just for shits and giggles…
One would think Big Pharma left the Big Life boys out of the loop on Covid profits; however, many policies have a EUA clause so it evens out; particularly when Big Medical boys are claiming any life insurance proceeds for exorbitant billings. They all seem to win. . .until the crime against humanity is adjudicated. GITMO the lot!
Insurance pede here. Couple of things. As noted this is group insurance so for the most part, there is no or little underwriting so you are going to have a generally less healthy group. I don't know what expected mortality is for group, but it is higher than the individual market which is my background. Still these numbers are way out there, considering this is a group of people that are working age.
Pru and Met have large blocks of group - they will be the ones to watch. NYL and NML are primarily individual - they are also mutual companies, not stock. Higher than expected mortality will be reflected in future dividends. I doubt they will announce anything . Don't be surprised to see rate increases on non-guaranteed premiums on in-force blocks as well as higher rates for new business going forward.
The key block to watch, is term. Most people believe 'whole life' is the money maker for the company compared to the less expensive term. Not true - term is the money maker. The expected mortality on term is about 7%. For everyone 100 term policies sold, the expectation is that only 7 will result in a claim. I recently worked for a company that targeted younger clientele (late 30s/early40s). They were fighting about a price increase because it wasn't in line with the competition. One of the roadblocks was bad mortality - 15% instead of 7%. All term. Ironically, they are the ones that are probably priced correctly.
I have tried to bring this story to the attention of people that are either in the industry or at least on the peripheral. It is amazing how many times I have heard 'it's because everyone put off going to the doctor to get preventative care.' Okay, that might be some, but there is no way it accounts for all.
Lastly, this is a highly regulated business. Ratings agencies will look at the numbers and this will have a snowball affect. Also, at one point, the CEOs are going g to have to address this as part of their fiduciary duties to the stockholders. The CV narrative has outlived its usefulness because people - and Wall Street - can see it is not adding up.
Did they account for the official 15%/mo. Bidenflation ?
Where are all the trolls here the other day saying no one they know is sick from vax?