If you're in the funeral business, that is. Not so much if you're in life insurance. The Funeral Business Is Booming (And Not Because Of COVID) | ZeroHedge
This is mostly about a statement from the 3rd quarter earnings call from Service Corporation International (SCI), the largest for-profit funeral operator in North America.
What we're telling you is, the third quarter of this year, we did 15% more calls than we did in the third quarter of 2019. That is not what anybody would have anticipated and that has just a very de minimis amount of Covid deaths [emphasis added] in it.
There are a lot more details, and some discussion of how Thomas L. Ryan, SCI's CEO and Chairman of the Board, ignored issues that would cause problems. Like mRNA. He concentrated on poor health, and delayed medical care during COVID.
As for the insurance industry... from a tweet dealing with the earnings collapse of Lincoln Financial.
Lincoln National group insurance death payouts for working age in USA 18-64 yr olds. 2019 is pre covid and is the baseline, 2020 covid hits no vaccine 9% increase, 2021 covid still here but now add the vaccine a 163% increase.
That is a large increase in what should be the healthiest part of the population.
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