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ED DOWD SUMMARIZES CURRENT FUNERAL HOME AND INSURANCE CO. STATISTICS
Former Executive of Blackrock Edward Dowd Summarizes Current Funeral Home And Insurance Company Covid-19 Statistics.
"While the COVID-19 pandemic is winding down, excess mortality remains elevated to the surprise of many executives. Some are blaming long COVID, especially in the insurance industry."
"The funeral home companies are the most interesting … Service Corporation International was up 11 percent on their quarter … They beat revenue by 10 percent. They were shocked at the elevated levels of mortality ex-COVID. The CFO commented during the call: 'And again, it's not just COVID that we're seeing … just to emphasize this. This is, these are excess deaths, levels of mortality that are higher than what we've expected, even when you try to back out COVID…"
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