Do US Life Insurance companies need to dial 9-11? Extra deaths in 2022 combined with massive (paper) losses on investment portfolios = ball-park losses of 911 billion bucks?
Do US Life Insurance companies need to dial 9-11? Extra deaths in 2022 combined with massive (paper) losses on investment portfolios = ball-park losses of 911 billion bucks?
ERRATA: JEFF AND BRUCE HAVE POINTED OUT THAT LIFE COMPANIES HAVE JUST 10% IN EQUITES, SO THE INVESTMENT LOSS IS CLOSER TO 1/2 A TRILLION RATHER THAN OVER 870 BILLION BUCKS!
Life companies can "ride" the investment losses and have reserves for the policy hits. This is more like a slow motion train wreck as people leave the labour force - death and disability - the depopulation and crippling of the labour force reduces the available pool of clients, increases the rate of claims and (unknowable) makes quality amongst those undiagnosed with "brain fog and broken hearts" produce lower quality in the economy as a whole.
Not necessarily from pilots dropping dead mid-air or sports stars dropping dead mid-field etc, but by the inexorable creep to more accidents, use of pain killers/blood thinners etc that "dumb down" response times and motivation to do well, or even produce past, average, decision making throughout the value chains of every industry and business.
I do not think even 10% of life reserves are in stocks. You must factor that life insurance companies also sell non-death benefit products which require investing. I designed the investment side of billions of dollars of those funds during the 70's.
I did not design investment portfolios for Life companies, though I did manage their fixed income investment portfolios in the 80's and 90's plus the assets of Fire&General and Re-insurance fixed income portfolios.
I provided input to the assessment of Life insurance company ratings for a leading investment consultancy based in Chicago for a few years around 8 years ago.
In my experience, from a fixed income perspective, Life companies want long bonds at the highest yield possible, whilst Fire and General had, generally, sub 5 year maturity constraints.
Long bonds are of course subject to much higher losses from yield rises - so my use of a ten year treasury yield is conservative as I suspect the Life company book should be invested far longer to match liabilities more closely.
Here is a snippet from an email I received.
I understand that a Life company "book of business" is more diverse than simply Life policies. They also run large mutual funds that can be far more widely invested.
Any help you can provide in estimating whether (or it sounds like "if") 2022 investment returns impacted Life companies at all, after three years of 560,000 excess deaths across the population v investment returns / other costs that impact Life company businesses as a whole would be helpful.
"Here is Prudential's rough general account balance sheet numbers as of 12/31/22:
Bonds: $90 bn
Stocks: 10 bn
Loans: 25 bn
Other: 15 bn
Total: 140 bn of invested assets (line 12 of annual statement)"
My experience is that Loans tend to correlate more closely with equities than bonds in down markets.
The sender might put together a combination of Life company balance sheets.
Seems like I read this someplace... “Store not up for yourselves treasures on earth where moth and rust corrupt, and thieves break in and steal...” Make sure that your primary life insurance policy is not of, or dependent upon this world.
They raise alarm bells when they release the earnings report every quarter. Lincoln National got slamhammered because earnings did not meet "expectations". Also they very stealthily disguised the reason in gobbledegook so no one could understand. Of course that doen't fool astute individuals that have been paying attention. The way the insurance companies will compensate is by simply raising their rates dramatically. The LAST thing they will do is charge more for people that got the clotshot.
Right but if they have long covid and are vaxxed they should be considering the vaxx.... and what about death soon after the shots....rise in cancers, disabilities...it's not that hard......
Edward Dowd said last year at this time that once life insurance companies started to see these deaths and trends that the lid would be blown off the top fo this chaos and that would be the end of these shots, etc.....I was super excited .....and a year later, here we are......he said it would be hard to dispute the numbers and a sharp rise in deaths...nope, nothing....same as before...... I can't believe it.....
More recently (in the last 4-6 weeks) he has said that there is some cognitive dissonance with the management of these insurance companies.
The numbers are apparently where Ed said they would be but the boardrooms haven't responded with anything that would lead him to believe they saw any connection between the jabs and the deaths.
I am surprised that Pfizer and Moderna shareholders are not screaming blue murder about the permanent damage to the prospects for all products they produce as a result of this (DoD?) genocide.
I am even more surprised that Life and Health Insurance companies and their shareholders are not screaming purple murder at the destruction of their profits for decades because of big pharma/DoD.
Factor in the massive economic impact of killing and wounding huge segments of the labor market from large corporations to mom and pop stores and individual entrepreneurs and the utter evil and malignance of big pharma/DoD comes into sharp focus.
Of course, the pain, suffering, disease and death is far worse.
Cult of Moloch.
And even now, the nuclear war drums beat louder - all to protect criminal activities by politicians and their families in Ukraine.
Government Frauds take longer to dismantle is my guess. Trying to convince our Government wanted to kill you is not that easy. Not that Pharma didnt play a role, but the deep state made this genocide a reality.
I'm 60 and re-upped my term life insurance (SBLI) last year. They asked me if I had caught Covid (I had, it was no worse than a sinus infection for me) but they didn't inquire as to whether or not I had been vaxxed (I have not). I thought it odd they didn't ask.
Good question. I've been with them since 2014 and have a squeaky clean health record. I don't know if their questions are the same for everyone or if they are customer specific.
Also everyone should look out for insurance "adjustments" in other areas such as homeowners or auto if there are multiple policies through the same company. I've seen some questionable "adjustments"
Mar 3, 2023·edited Mar 3, 2023Liked by Peter Halligan
Well, that is interesting.
A world where people now accept "unexpected death" as an actual agent, or cause of death.
Apparently you can tell people anything and know full well most will believe it.
I spent another 2 hours with a Baptist pastor yesterday...trying to explain to him how life works.
Pretty tough slugging talking to anyone who gets their world view from television news.
It is simply inconceivable to him....a pastor who claims his belief in the Bible is the driving force of his life...but cannot accept that evil exists on a scale greater than sticking your gum on the bottom of a desk.
Whatever his television tells him about the world beats out whatever Bible does.
Fortunately, here in Canada...a conservative guess is that only 99.94% of pastors share his beliefs.
Simply accepting "unexplained, unexpected death" is not good for heart, mind, body, or soul. If we do this, it is beyond psychological, spiritual repair. We cannot accept this for the good of our children and future children.
Yet another massive financial crash underway?
Life companies can "ride" the investment losses and have reserves for the policy hits. This is more like a slow motion train wreck as people leave the labour force - death and disability - the depopulation and crippling of the labour force reduces the available pool of clients, increases the rate of claims and (unknowable) makes quality amongst those undiagnosed with "brain fog and broken hearts" produce lower quality in the economy as a whole.
Not necessarily from pilots dropping dead mid-air or sports stars dropping dead mid-field etc, but by the inexorable creep to more accidents, use of pain killers/blood thinners etc that "dumb down" response times and motivation to do well, or even produce past, average, decision making throughout the value chains of every industry and business.
Depopulation and replacement by illegal non-vaccinatted is underway.
they should stop pay out to anyone that took the jab. it was experimental!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Somehow, I don't think this will go over well.
I do not think even 10% of life reserves are in stocks. You must factor that life insurance companies also sell non-death benefit products which require investing. I designed the investment side of billions of dollars of those funds during the 70's.
Thanks for this.
I did not design investment portfolios for Life companies, though I did manage their fixed income investment portfolios in the 80's and 90's plus the assets of Fire&General and Re-insurance fixed income portfolios.
I provided input to the assessment of Life insurance company ratings for a leading investment consultancy based in Chicago for a few years around 8 years ago.
In my experience, from a fixed income perspective, Life companies want long bonds at the highest yield possible, whilst Fire and General had, generally, sub 5 year maturity constraints.
Long bonds are of course subject to much higher losses from yield rises - so my use of a ten year treasury yield is conservative as I suspect the Life company book should be invested far longer to match liabilities more closely.
Here is a snippet from an email I received.
I understand that a Life company "book of business" is more diverse than simply Life policies. They also run large mutual funds that can be far more widely invested.
Any help you can provide in estimating whether (or it sounds like "if") 2022 investment returns impacted Life companies at all, after three years of 560,000 excess deaths across the population v investment returns / other costs that impact Life company businesses as a whole would be helpful.
"Here is Prudential's rough general account balance sheet numbers as of 12/31/22:
Bonds: $90 bn
Stocks: 10 bn
Loans: 25 bn
Other: 15 bn
Total: 140 bn of invested assets (line 12 of annual statement)"
My experience is that Loans tend to correlate more closely with equities than bonds in down markets.
The sender might put together a combination of Life company balance sheets.
Wrong on the investments. Life Insurance reserves are NOT invested in stock markets. That is by state insurance laws. Bruce.... Ex Aetna Life Officer.
Thanks.
So all investments in fixed income then? no real estate?
If so, that would reduce 2022 investment return losses from 16% to 10%. (Losses down to around half a trillion bucks?)
Seems like I read this someplace... “Store not up for yourselves treasures on earth where moth and rust corrupt, and thieves break in and steal...” Make sure that your primary life insurance policy is not of, or dependent upon this world.
Why are the life insurance companies not raising alarm bells...... or did I miss this.....
They raise alarm bells when they release the earnings report every quarter. Lincoln National got slamhammered because earnings did not meet "expectations". Also they very stealthily disguised the reason in gobbledegook so no one could understand. Of course that doen't fool astute individuals that have been paying attention. The way the insurance companies will compensate is by simply raising their rates dramatically. The LAST thing they will do is charge more for people that got the clotshot.
It seems they are currently blaming long covid. They largely required there employees to be vaxxed, thus it cant be the vaxx.
Right but if they have long covid and are vaxxed they should be considering the vaxx.... and what about death soon after the shots....rise in cancers, disabilities...it's not that hard......
I struggle with that, I dont know why humans cant handle the truth sometimes.
Edward Dowd said last year at this time that once life insurance companies started to see these deaths and trends that the lid would be blown off the top fo this chaos and that would be the end of these shots, etc.....I was super excited .....and a year later, here we are......he said it would be hard to dispute the numbers and a sharp rise in deaths...nope, nothing....same as before...... I can't believe it.....
More recently (in the last 4-6 weeks) he has said that there is some cognitive dissonance with the management of these insurance companies.
The numbers are apparently where Ed said they would be but the boardrooms haven't responded with anything that would lead him to believe they saw any connection between the jabs and the deaths.
So scary.......when will this end.....
I am surprised that Pfizer and Moderna shareholders are not screaming blue murder about the permanent damage to the prospects for all products they produce as a result of this (DoD?) genocide.
I am even more surprised that Life and Health Insurance companies and their shareholders are not screaming purple murder at the destruction of their profits for decades because of big pharma/DoD.
Factor in the massive economic impact of killing and wounding huge segments of the labor market from large corporations to mom and pop stores and individual entrepreneurs and the utter evil and malignance of big pharma/DoD comes into sharp focus.
Of course, the pain, suffering, disease and death is far worse.
Cult of Moloch.
And even now, the nuclear war drums beat louder - all to protect criminal activities by politicians and their families in Ukraine.
Exactly!
Government Frauds take longer to dismantle is my guess. Trying to convince our Government wanted to kill you is not that easy. Not that Pharma didnt play a role, but the deep state made this genocide a reality.
I'd like to know if they ask about vax status or have added a more rigorous blood test.
I'm 60 and re-upped my term life insurance (SBLI) last year. They asked me if I had caught Covid (I had, it was no worse than a sinus infection for me) but they didn't inquire as to whether or not I had been vaxxed (I have not). I thought it odd they didn't ask.
Hmm. Intersting. Could it mean SBL does not view the C19 vaxx as significant to its bottom line? I wonder if this is industry-wide,
Good question. I've been with them since 2014 and have a squeaky clean health record. I don't know if their questions are the same for everyone or if they are customer specific.
Also everyone should look out for insurance "adjustments" in other areas such as homeowners or auto if there are multiple policies through the same company. I've seen some questionable "adjustments"
I've already heard commercials on the radio advertising life insurance because of the "unexpected deaths" occurring
Well, that is interesting.
A world where people now accept "unexpected death" as an actual agent, or cause of death.
Apparently you can tell people anything and know full well most will believe it.
I spent another 2 hours with a Baptist pastor yesterday...trying to explain to him how life works.
Pretty tough slugging talking to anyone who gets their world view from television news.
It is simply inconceivable to him....a pastor who claims his belief in the Bible is the driving force of his life...but cannot accept that evil exists on a scale greater than sticking your gum on the bottom of a desk.
Whatever his television tells him about the world beats out whatever Bible does.
Fortunately, here in Canada...a conservative guess is that only 99.94% of pastors share his beliefs.
Yeah...good thing.
I sense a hint of sarcasm
Simply accepting "unexplained, unexpected death" is not good for heart, mind, body, or soul. If we do this, it is beyond psychological, spiritual repair. We cannot accept this for the good of our children and future children.