…due to the massive rise in immune, neurological and circulatory- related deaths, particularly in the young.
Rise in Non-Covid-19 Deaths Hits Life Insurers
They've been hiding clot shot deaths by blaming COVID, but that won't last long, since Omicron is barely lethal and has immunized against all the other variants. (Except for those who took the mRNA vaxx, who can no longer achieve natural immunity.)
Omicron is another lab release by a different faction, intended to end the plandemic. It originated in South Africa. Basically they stole root variant samples from Wuhan and then subjected it to accelerated evolution until it was as harmless as the common cold. Viruses become less dangerous over time, to facilitate their spread without immune response or self-isolation interfering.
The exception is lab-grown viruses. China intended to keep releasing deadlier variants to exploit vaccine escape and vaccine-assisted infection targeting the West's poisonous mRNA vaccines; that plan is now foiled. China is locking down Shanghai and now Beijing fearing Omicron is their own strategy turned against them.
Courts are already ruling insurance companies don't have to pay for clot shot side effects claims, since the shots were "voluntary". Big Pharma will be sued into oblivion when fraud invalidates their immunity to lawsuits. CFOs are stepping down.
Not that it matters; WW3 is underway! Syria, Iran, Israel, Taiwan next. And famine.
I believe our handlers will allow hyperinflation before a deflationary collapse - so it's not beyond them to print what they need
Disability insurance is a rarity, hard to qualify for, very expensive, and premiums adjust to whatever the insurers need to break even with a small profit - so while sales might go down, it won't bankrupt them as the majority of companies that do disability - they have sufficient reserves
They don't give us those percentages, but if I'd have to guess, 20%+ is the oh-shit-moment where insurers would need a bailout via reinsurance lines.
Back in the Great Depression, TONS of banks went under, around 10k. But for insurance companies, only a handful went under, and that's even with a huge increase in mortality due to sickness, disease, malnutrition etc.
Many life insurance policies have terms that void the contract, here's some: acts of god, war, riots, insurrection etc. - they only need to modify the terms to decrease liability
Interesting. But when you say they can handle 20%, I roll my eyes and say, "OK, salesman." Carrying that much in reserves is ludicrously uncompetitive.
I expect life insurance companies to go under due to lots of people with policies dying sooner than anticipated due to undiagnosed VAIDS.
The USA is already doing hyperinflation. Printing is no longer relevant to digital debt. Reserve currency status is.
The feds will bail insurance companies out with re-insurance, as the lender of last resort.