Service Corporation International is the biggest funeral home/crematory company int he nation. They handle the final arrangements for more than 450,000 deceased people per year. Service Corporation’s earnings boomed in 2020 and 2021, thanks to Covid.
Thank you for helping bring these things to light. Here are some additional supporting data points:
Insurance CEO, Todd Callender says the real pandemic is NOW:
“I'm the CEO of a large insurance group, and we underwrite morbidity risk. Based on what we are seeing, the rates right now, excess mortality is at 84%, and excess every kind of disease at 1100%. We are expecting upwards of 5000% for this year.”
Well, if insurance companies keep "fulfilling their purpose" in this way, in pretty short order, they won't be able to. It's just arithmetic...Unless, of course, they increase their rates to the point of unaffordability/blowing cost/benefit out of the water.
You nailed it! That is exactly what Lincoln insurance did….they upped premiums on everyone, and it was a significant increase for new business clients that signed on! I bet the actuaries are hamster wheel crazy trying to keep up with how to adjust their risk and payout scales to keep turning profits!
Thank you for helping bring these things to light. Here are some additional supporting data points:
Insurance CEO, Todd Callender says the real pandemic is NOW:
“I'm the CEO of a large insurance group, and we underwrite morbidity risk. Based on what we are seeing, the rates right now, excess mortality is at 84%, and excess every kind of disease at 1100%. We are expecting upwards of 5000% for this year.”
https://rumble.com/v1ejum5-excessive-mortality-rates-up-5000-by-vaccines-this-year..html
Life Insurance CEO Reveals Deaths Are Up 40% Among Working People: "Just unheard of” (The Epoch Times):
"...in 2021, Lincoln National reported a 163 percent increase in death benefits that were paid out under their group life insurance policies."
https://rumble.com/v1ahtk0-life-insurance-ceo-reveals-deaths-are-up-40-among-working-people-just-unhea.html
Thank you for sharing these! I recommend people watch and read!
My pleasure. I appreciate your Substack.
Well, if insurance companies keep "fulfilling their purpose" in this way, in pretty short order, they won't be able to. It's just arithmetic...Unless, of course, they increase their rates to the point of unaffordability/blowing cost/benefit out of the water.
You nailed it! That is exactly what Lincoln insurance did….they upped premiums on everyone, and it was a significant increase for new business clients that signed on! I bet the actuaries are hamster wheel crazy trying to keep up with how to adjust their risk and payout scales to keep turning profits!