That is an interesting point. I have seen mention of the 4th and 5th biggest life insurance companies mention an increase in payout for policies. This whole insurance industry is built on actuarial calculations on death rates and this will impact their bottom line. Add in the fact knowing how bad the market is doing, they take the mone…
That is an interesting point. I have seen mention of the 4th and 5th biggest life insurance companies mention an increase in payout for policies. This whole insurance industry is built on actuarial calculations on death rates and this will impact their bottom line. Add in the fact knowing how bad the market is doing, they take the money in premium and put those into investments for a return. If they get hit with a statistically significant number of payouts and an investment market that is terrible, they all could be in trouble.
I told my wife, short life insurance companies, go long on funeral services like service corporation international. Yin and Yang…
That is an interesting point. I have seen mention of the 4th and 5th biggest life insurance companies mention an increase in payout for policies. This whole insurance industry is built on actuarial calculations on death rates and this will impact their bottom line. Add in the fact knowing how bad the market is doing, they take the money in premium and put those into investments for a return. If they get hit with a statistically significant number of payouts and an investment market that is terrible, they all could be in trouble.
I told my wife, short life insurance companies, go long on funeral services like service corporation international. Yin and Yang…