Monday, January 29, 2024

Spike in UK Middle-Aged Deaths Could Hit Life Insurers Aviva, Legal & General - Bloomberg

Spike in UK Middle-Aged Deaths Could Hit Life Insurers Aviva, Legal & General - Bloomberg:
  • Spike in Middle-Aged Deaths Poses Conundrum for UK Insurers
  • Bloomberg Intelligence notes rise among 40- to 44-year olds
  • UK life insurance companies at risk of jump in claim costs
"Unusual spike in death among middle-aged Britons could hit profits at insurers Aviva Plc and Legal & General Group Plc, according to a Bloomerg Intelligence report.
The mortality rate for 40- to 44-year-olds worsened the most in the first half of 2023, analysis of Office for National Statistics data showed...

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