The insurance industry is reeling from all of this but they aren’t allowed to say a word. Not one word about what they know. They know because it is their business to know. There can be no management reviews in the insurance industry with “crickets” after the charts showing excess deaths and excess accidents(see photos here) are put in f…
The insurance industry is reeling from all of this but they aren’t allowed to say a word. Not one word about what they know. They know because it is their business to know. There can be no management reviews in the insurance industry with “crickets” after the charts showing excess deaths and excess accidents(see photos here) are put in front of the bosses and their boards of directors. No silence allowed here. They are the insurance industry after all. They make it their business to know because knowing is how they price their products correctly, how they understand their risk, how they assess whether what occurred this quarter or this year is likely to repeat next quarter and next year, and why, or why not. This kind of knowing is what ensures the survival of their business. The rest of us just watch our insurance premiums rise, year after year.
they are in a dilemma, high high premiums (cancellation) and many of there cherished investments are sluggish I guess in about a years they well cry for a Guberment handout
Insurers should be asking about the number of covid shots similar to asking about any other pre-existing conditions. But that would look horrible to the powers that be. So instead I would expect the government to reimburse them for the losses in exchange for keeping it quiet.
The insurance industry is reeling from all of this but they aren’t allowed to say a word. Not one word about what they know. They know because it is their business to know. There can be no management reviews in the insurance industry with “crickets” after the charts showing excess deaths and excess accidents(see photos here) are put in front of the bosses and their boards of directors. No silence allowed here. They are the insurance industry after all. They make it their business to know because knowing is how they price their products correctly, how they understand their risk, how they assess whether what occurred this quarter or this year is likely to repeat next quarter and next year, and why, or why not. This kind of knowing is what ensures the survival of their business. The rest of us just watch our insurance premiums rise, year after year.
they are in a dilemma, high high premiums (cancellation) and many of there cherished investments are sluggish I guess in about a years they well cry for a Guberment handout
Insurers should be asking about the number of covid shots similar to asking about any other pre-existing conditions. But that would look horrible to the powers that be. So instead I would expect the government to reimburse them for the losses in exchange for keeping it quiet.
Done properly they should also factor batch lots into pricing.
Remember when they were suggesting the unvaxxed has higher car insurance as they were seen as high risk?
Seemed odd to me as it was clear that those who didn't take it had higher awareness of risk.