Life insurer Aegon's Q3 2021 payouts skyrocket 258% as post-vaccine deaths rapidly accelerate

Mike Adams discusses this article:Show more

Life insurers adapt pandemic risk models after claims jump
https://uk.finance.yahoo.com/news/life-insurers-adapt-pandemic-risk-070702607.html

Noteworthy quotes:

"The global life insurance industry was hit with reported claims due to COVID-19 of $5.5 billion in the first nine months of 2021 versus $3.5 billion for the whole of 2020."

"Dutch insurer Aegon, which does two-thirds of its business in the United States, said its claims in the Americas in the third quarter were $111 million, up from $31 million a year earlier."

LONGER QUOTE

The global life insurance industry was hit with reported claims due to COVID-19 of $5.5 billion in the first nine months of 2021 versus $3.5 billion for the whole of 2020, according to insurance broker Howden in a report on Jan 4, while the industry had expected lower payouts due to the rollout of vaccines.

"We definitely paid out more than I had anticipated at the beginning of last year," said Hannover Re board member Klaus Miller.

The increase in claims was largely down to the emergence of the Delta variant, twice as transmissible, and more likely to cause hospitalisation than the original coronavirus strain.

Claims rose most in the United States, India and South Africa due to the more lethal variants and a rise in fatalities or illness among younger and unvaccinated groups.

Dutch insurer Aegon, which does two-thirds of its business in the United States, said its claims in the Americas in the third quarter were $111 million, up from $31 million a year earlier. U.S. insurers MetLife and Prudential Financial also said life insurance claims rose. South Africa's Old Mutual used up more of its pandemic provisions to pay claims and reinsurer Munich Re raised its 2021 estimate of COVID-19 life and health claims to 600 million euros from 400 million. The long-term nature of life insurance products – often lasting 20 years or more – means premiums are not yet capturing the risk that deaths or long-term illness from COVID-19 will likely remain higher than previously estimated. Competition in the industry is also keeping a lid on premiums.

COMMENT

The article combines facts (e.g. about life insurance claims paid out) and conjecture (e.g. about the huge increases being caused by a specific virus variant).

If it really were a virus causing all this, then 2020, the year of 'the pandemic' would have been significantly worse than 2021, the year of the mass 'vaccination'. In reality, it's the other way around.

Marianne Purushotham, LIMRA's chief actuary says in the article: "We're always trying to compare the new VARIANT to the initial shock". It would be much more useful if she said, "We're always trying to compare the new VACCINE to the initial shock".

See also accompanying article by Mike Adams:

THE DIE-OFF IS HERE: Life insurance payouts skyrocket 258% as post-vaccine deaths rapidly accelerate
https://www.naturalnews.com/2022-02-01-die-off-is-here-life-insurance-payouts-skyrocket-258-as-post-vaccine-deaths-accelerate.html

SOURCE

Segment taken from:
https://www.brighteon.com/9e5a5b09-9f5c-4a33-9c57-f5910de9e042

In the longer version, Mike Adams also makes clear that this whole fiasco was all informed by the science, the authorities, the media, et cetera. Once people will wake up, these institutions will dramatically lose credibility and trust.