Heard this discussed on Bannon:
Aegon, other insurers hit by U.S. COVID-19 deaths in third quarter
AMSTERDAM, Nov 11 (Reuters) - Dutch insurer Aegon NV (AEGN.AS)reported a 16% fall in third- quarter operating profit on Thursday due to higher COVID-19 related mortality claims in the Americas, the latest European insurer to suffer from new waves of the pandemic.
Aegon, which does two-thirds of its business in the United States, said "unfavourable mortality claims" in the Americas in the third quarter were$111 million, up from $31 million a year earlier.
"Performance improvements across most of our businesses … were offset by elevated mortality in the United States," Aegon Chief Executive Lard Friese in a statement.
Among other European insurers, Swiss Re (SRENH.S)said its life and health division incurred "significantly higher COVID-19 related claims of $1.2 billion" in the first nine months of 2021 "primarily originating in the U.S." CEO John Dacey cited U.S. spikes in February and August.
https://www.reuters.com/business/finance/aegon-q3-operating-result-down-16-us-covid-linked-claims-2021-11-11/
https://archive.md/UUyXG