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Post by easterndreams on May 14, 2020 7:27:13 GMT
Sounds as though they are doing pretty given everything that is going on
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Post by easterndreams on May 14, 2020 7:28:39 GMT
They don't say as much, but increased mortality probably helps their capital position if they are paying out DB pensions?
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Mortality developments
Recent ONS publications have shown a marked increase in the number of deaths being registered each week in England and Wales, in particular for older age groups and residents of care settings. The number of deaths registered in the four weeks to 1st May 2020 was double the amount in the equivalent period last year. In our business, we have seen these trends mirrored in the pattern of death notifications received for this period. It is still too early to accurately estimate the financial impact of these developments and we will continue to monitor it closely. Our deepest sympathies are with all those whose relatives and loved ones have passed away.
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garfield
Member of DD Central
Posts: 490 
Likes: 268
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Post by garfield on May 14, 2020 10:17:50 GMT
This might interest some;
"the investment grade market grew from €900bn to €2.5bn" I assume he means €2.5tn!!
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