There are so many economic problems surrounding us, one of them I hadn’t even thought of recently hit the headlines of The Wall Street Journal : Life Insurers Facing Huge Losses Due to COVID-19 deaths. Although the increase in losses for last year’s victims of coronavirus were expected, what was not were losses attributable to people who died from something other than COVID-19. Some medical experts believe that these were due to people not going to the doctor because they feared getting the coronavirus or simply couldn’t get an appointment. “The losses we are seeing continue to be elevated over 2019 levels due at least in part, we believe, to the pandemic and the existence of either delayed or unavailable healthcare,†Globe Life finance chief Frank Svoboda told analysts and investors.
https://www.wsj.com/articles/rise-in-non-covid-19-deaths-hits-life-insurers-11645576252
