This is coming from Swiss Re, which is the world's largest insurance company for insurance companies.
Basically you pay an insurance company premium so that if you have a health emergency the insurance company will take on the cost of your emergency.
Insurance companies pay Swiss Re, so that if the insurance company faces a financial squeeze from unforeseen mass disaster, then Swiss Re takes on the cost.
Swiss Re is basically warning their clients (insurance companies) that Swiss Re is seeing an ongoing trend of excess deaths post Covid, though they expect it to trail off by 2033. They highly recommend their clients factor that in when they calculate what premium they need to charge to be profitable.
Basically you pay an insurance company premium so that if you have a health emergency the insurance company will take on the cost of your emergency.
Insurance companies pay Swiss Re, so that if the insurance company faces a financial squeeze from unforeseen mass disaster, then Swiss Re takes on the cost.
Swiss Re is basically warning their clients (insurance companies) that Swiss Re is seeing an ongoing trend of excess deaths post Covid, though they expect it to trail off by 2033. They highly recommend their clients factor that in when they calculate what premium they need to charge to be profitable.