Excess Deaths in 2020, 2021, 2022 and Life Insurance Actuarial Science

Life insurance companies globally paid out $5.5 billion in claims related to COVID-19 throughout the first nine months of 2021 while paying out $3.5 billion for the entire year of 2020. Many in the insurance industry expected lower payouts due to the availability of vaccines. However, the death increase was primarily due to the Delta […]