Do US Life Insurance companies need to dial 9-11? Extra deaths in 2022 combined with massive (paper) losses on investment portfolios = ball-park losses of 911 billion bucks?

Peter Halligan
Mar 1

Life Insurance and Life Settlement Statistics for 2023 (harborlifesettlements.com)
And combining those with excess mortality numbers for the last three years from here:
Preliminary US mortality for 2022 indicates that around 560,000 more Americans are dying every year compared to 2018-2019 (substack.com)
And some Life Insurance coverage levels for the US from here:
Life Insurance Statistics (2023) – United States Industry Facts And Figures (insurist.com)
We can “ball-park” some numbers for the costs to Life Insurance companies in the US from the C19 pandemic.