Citat:
Ja, vad är din poäng? Det fullständiga citatet finns som screenshot i substack-artikeln jag länkade. Om du hade läst den, som jag bad dig göra, så hade du sluppit leka internet-detektiv i onödan. Såhär kommenteras citatet i artikeln, eftersom du vägrar läsa:
Citat:
A $6 billion increase in expenses is something few companies could absorb, but Lincoln National has been working to do just that — by increasing sales of new insurance polices.
In the press release accompanying its annual report, and in its press release announcing the first quarter 2022 results — in which the company announces a $41 million loss in its Group Protection business — it trumpets an increase in sales. For first quarter 2022 that increase was 42 percent. The company also mentions that premiums have gone up 4 percent.
Interestingly, in the press release accompanying the first-quarter 2022 results, Lincoln National attributes the $41 operating million loss to “non-pandemic-related morbidity” and “unusual claims adjustments.”
“This change was driven by non-pandemic-related morbidity, including unusual claims adjustments, and less favorable returns within the company’s alternative investment portfolio.”
In the press release accompanying its annual report, and in its press release announcing the first quarter 2022 results — in which the company announces a $41 million loss in its Group Protection business — it trumpets an increase in sales. For first quarter 2022 that increase was 42 percent. The company also mentions that premiums have gone up 4 percent.
Interestingly, in the press release accompanying the first-quarter 2022 results, Lincoln National attributes the $41 operating million loss to “non-pandemic-related morbidity” and “unusual claims adjustments.”
“This change was driven by non-pandemic-related morbidity, including unusual claims adjustments, and less favorable returns within the company’s alternative investment portfolio.”
Citat:
Morbidity, of course, means disease. A lot of people are sick.
This matches what I was told by OneAmerica in January in emails following the publication of my story in The Center Square — that it was not only deaths of working-age people that shot up to unheard-of levels in 2021, but also short- and long-term disability claims.
Annual statements for other insurance companies are still being compiled and reviewed. So far, Lincoln National shows the sharpest increases in death benefits paid out in 2021, though Prudential and Northwestern Mutual also show significant increases — increases much larger in 2021 than in 2020, indicating that the cure was worse than the disease — much worse.
Lincoln National’s stock price fell from about $70 a share on January 3 to $50 a share this week, and last month, a new CEO was installed. It doesn’t appear to be a sudden change, but could have been timed to assuage major shareholders who have no idea what’s really happening and may think that a fresh face and fresh ideas can turn this around. Could I suggest instead an honest and thorough assessment of what’s really driving these stunning numbers?
This matches what I was told by OneAmerica in January in emails following the publication of my story in The Center Square — that it was not only deaths of working-age people that shot up to unheard-of levels in 2021, but also short- and long-term disability claims.
Annual statements for other insurance companies are still being compiled and reviewed. So far, Lincoln National shows the sharpest increases in death benefits paid out in 2021, though Prudential and Northwestern Mutual also show significant increases — increases much larger in 2021 than in 2020, indicating that the cure was worse than the disease — much worse.
Lincoln National’s stock price fell from about $70 a share on January 3 to $50 a share this week, and last month, a new CEO was installed. It doesn’t appear to be a sudden change, but could have been timed to assuage major shareholders who have no idea what’s really happening and may think that a fresh face and fresh ideas can turn this around. Could I suggest instead an honest and thorough assessment of what’s really driving these stunning numbers?
Lincoln National går med förlust. Dom säger att det inte huvudsakligen är av covid-relaterade orsaker. Vad är då din alternativa förklaring, om det inte skulle ha med vaxxen att göra?
__________________
Senast redigerad av RustyShackleford 2022-07-02 kl. 01:04.
Senast redigerad av RustyShackleford 2022-07-02 kl. 01:04.
Jag tycker det är intressant att höra båda sidor så man inte låser sig för det ena eller det andra.