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"see the numbers?" This story is from a life insurance company. It doesn't say "the death rate is up overall". It says "our policyholders are dying at an asto
by OliverJones 5y ago
"see the numbers?" This story is from a life insurance company. It doesn't say "the death rate is up overall". It says "our policyholders are dying at an astonishingly high rate."
And it is indeed a very high rate.
The insurance guy was civilized enough not to complain that his company's incurring lots of losses -- getting hammered by writing lots of checks to survivors. But surely that's how an insurance company knows what's going on.
It makes no sense for an executive of a mutual insurance company to sling bs about this kind of loss. Because auditors.