Posted on 01/02/2022 6:15:39 AM PST by Texas Fossil
The head of OneAmerica insurance said the death rate is up a stunning 40% from pre-pandemic levels among working-age people.
“We are seeing, right now, the highest death rates we have seen in the history of this business – not just at OneAmerica,” the company’s CEO Scott Davison said during an online news conference this week. “The data is consistent across every player in that business.”
OneAmerica is a $100 billion insurance company that has had its headquarters in Indianapolis since 1877. The company has approximately 2,400 employees and sells life insurance, including group life insurance to employers in the state.
Davison said the increase in deaths represents “huge, huge numbers,” and that’s it’s not elderly people who are dying, but “primarily working-age people 18 to 64” who are the employees of companies that have group life insurance plans through OneAmerica.
“And what we saw just in third quarter, we’re seeing it continue into fourth quarter, is that death rates are up 40% over what they were pre-pandemic,” he said.
“Just to give you an idea of how bad that is, a three-sigma or a one-in-200-year catastrophe would be 10% increase over pre-pandemic,” he said. “So 40% is just unheard of.”
(Excerpt) Read more at justthenews.com ...
I was trying to draw an analogy.
I am sure the group insured people share the same personality traits all young people have. One of them is stress relief through risky adventures. Another is a feeling of invincibility.
actually if 2 died last year and 3 died this year that is an increase of 50%.
Because you said(40% of their insurance policy holders are dead, not 40% of Americans)When they simply had a 40% increase
Only one insurance company that I know of (AIG) has been bailed out. And they paid the money back very quickly with a huge profit to the lender.
Banks, OTOH, are regularly bailed out with massive losses to the taxpayer,.
Yes. Totally agree.
Absolutely! But in the coming years you will see everything being twisted into pretzels to avoid the obvious connection between fauxinnations, disabilities, new ailments and/or death. Do you think things don’t make sense now? Just wait a little bit… You ain’t seen nothing yet
An increase in WHAT? Claims? When are claims made?
Are claims made when the insured is alive or dead?
Culling...that’s exactly the word for it.
>>> Do you think things don’t make sense now? Just wait a little bit… You ain’t seen nothing yet
I suspect that as we progress through this genocide, things will come out that will actually make more and more sense...
To the point that the perpetrators will only be left with deploying their endgame... which is full tyrannical control through war and chaos.
fauxinnations...very clever! I will borrow it
You are a gifted futurist.
I agree with many of your predictions.
You’re welcome! 😇
What he meant was that for his company, he is seeing a 40% increase in deaths that they are paying out on. Now that doesn’t mean the Death rate is up 40%, yes it is up and I want to see the 2021 stats as I expect the excess deaths to be up.
Everyday I am reading of people in the age group he its talking about dropping dead and there is no doubt it is because of the vaccines, no other reasonable explanation for it. Yet the corruption continues and till we demand change it will stay the same.
The life insurance companies are in a panic because these deaths are destroying the actuarial tables and they are having to pay.
I see you missed the /s , sarcasm tag at the end. I agree with you.
Yes, but I read that Congress paid them out during the riots. But, But, no one claims liability on the “VACCINE”!!
But life insurance companies take a beating on the rate of death due to something on a massive scale.
I’m in the center of Texas. Long long drive to the coast anywhere. I’m 360 miles as the crow flies to the nearest point in the Gulf of Mexico.
Not exactly in the Hurricane region, but we do have Tornado’s, but not as common as in OK.
The exlusion of wind driven rain was allowed by the legislature, but it was to apply to coastal areas for hurricanes. Evidently it is has been applied everywhere now.
2020 was before Covid was very far along. This is now 2022.
The Insurance companies are going to get hit and hit big with their prime clients dropping dead with big policies to pay on. Premium increases and exclusions are coming.
I don’t know much about the Insurance Industry.
I have heard many years ago, that they must collect $4 per ever dollar they pay out to make it work.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.