The odd thing is that despite life insurance companies being the canary in the coalmine here, they really haven't adjusted to it and still seem to be pretending it's not real.

i follow this sector from an investment perspective and until I see the life insurance companies raise premiums to make up for the shortfall and adjust to this new reality, I won't be moving my money back into this sector.

This is not to be misconstrued as investment advice, but if you have investments in large life insurance entities, follow this very closely. They know what's happening, but they're refusing to adjust so far.