After the second quarter, RGA executives told analysts they were optimistic about the effects of COVID-19 vaccination programs on mortality.
Instead, “the third quarter saw increases in both COVID-19 and non-COVID-19 general population mortality,” Porter said.
In the United States and India, the typical age of people dying of COVID-19 is falling, Porter added.
That hurts life insurers because people under 65 are more likely than older people to have life insurance.
Author(s): Allison Bell
Publication Date: 8 Nov 2021
Publication Site: Think Advisor