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Dr. John Campbell · Yesterday · 12 min

Excess deaths in 2023

‘Excess mortality’ continuing surge causes concerns https://insurancenewsnet.com/innarticle/excess-mortality-continuing-surge-causes-concerns Life insurance executives and actuaries believe the numbers are alarming Life insurers paid record levels of claims in 2021, biggest one-year increase since 1918 Distributed a record $100.28 billion in total death benefits. Younger adult death rate up 20% in 2023 Center of Disease Control that show mortality rates alarmingly rising for different categories. The surge in excess deaths caught carriers off guard 15 – 19 years % difference from 2019 2018, 1% 2020, 21% 2021, 28% 2022, 21% 2023, (Jan – May), 24% 30 – 34 years % difference from 2019 2018, -1% 2020, 30% 2021, 42% 2022, 30% 2023, (Jan – May), 23% 40 – 44 years % difference from 2019 2018, -2% 2020, 30% 2021, 45% 2022, 30% 2023, (Jan – May), 25% Cause of death data show increased cardiac mortality in all ages. As COVID-related causes declined in 2022, others rose, particularly stroke, diabetes, kidney and liver diseases. Society of Actuaries poll In August 2022, 85% thought excess morality rates would continue to 2025. In September 2023, 79% believed excess mortality rates will continue through 2026. UK data https://app.powerbi.com/view?r=eyJrIjoiYmUwNmFhMjYtNGZhYS00NDk2LWFlMTAtOTg0OGNhNmFiNGM0IiwidCI6ImVlNGUxNDk5LTRhMzUtNGIyZS1hZDQ3LTVmM2NmOWRlODY2NiIsImMiOjh9 Our world in data link https://ourworldindata.org/grapher/excess-mortality-p-scores-average-baseline Learn more about your ad choices. Visit megaphone.fm/adchoices

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‘Excess mortality’ continuing surge causes concerns https://insurancenewsnet.com/innarticle/excess-mortality-continuing-surge-causes-concerns Life insurance executives and actuaries believe the numbers are alarming Life insurers paid record levels of claims in 2021, biggest one-year increase since 1918 Distributed a record $100.28 billion in total death benefits. Younger adult death rate up 20% in 2023 Center of Disease Control that show mortality rates alarmingly rising for different categories. The surge in excess deaths caught carriers off guard 15 – 19 years % difference from 2019 2018, 1% 2020, 21% 2021, 28% 2022, 21% 2023, (Jan – May), 24% 30 – 34 years % difference from 2019 2018, -1% 2020, 30% 2021, 42% 2022, 30% 2023, (Jan – May), 23% 40 – 44 years % difference from 2019 2018, -2% 2020, 30% 2021, 45% 2022, 30% 2023, (Jan – May), 25% Cause of death data show increased cardiac mortality in all ages. As COVID-related causes declined in 2022, others rose, particularly stroke, diabetes, kidney and liver diseases. Society of Actuaries poll In August 2022, 85% thought excess morality rates would continue to 2025. In September 2023, 79% believed excess mortality rates will continue through 2026. UK data https://app.powerbi.com/view?r=eyJrIjoiYmUwNmFhMjYtNGZhYS00NDk2LWFlMTAtOTg0OGNhNmFiNGM0IiwidCI6ImVlNGUxNDk5LTRhMzUtNGIyZS1hZDQ3LTVmM2NmOWRlODY2NiIsImMiOjh9 Our world in data link https://ourworldindata.org/grapher/excess-mortality-p-scores-average-baseline

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