LINCOLN NATIONAL LIFE INSURANCE CO. DOWN 30%
Hmm. What could have caused this massive quarterly charge for a huge life insurance company. It’s a puzzler. They said it wasn’t covid deaths. How long can they deny the reality? Funeral companies doing great. Life insurance companies doing terrible. Predicting deaths has always been demographically predictable. That’s why life insurance companies always make money. Until now. The articles about sudden deaths can be ignored by the masses, but these large deviations from expectations can not be ignored.
Lincoln National Shares Fall 30% After Unexpectedly Large Quarterly Charge
Lincoln National shares dropped around 30% in afternoon trading Thursday in the wake of a $2.6 billion third-quarter loss that left Wall Street analysts mincing no words.
“A Catastrophe (and Not the Natural Kind),” Wells Fargo Securities analysts said in a note to clients Wednesday night, following the after-market release of earnings by the Pennsylvania life-insurance and annuities company.
Lincoln National group insurance death payouts for working age in USA 18-64 yr olds. 2019 is pre covid and is the baseline, 2020 covid hits no vaccine 9% increase, 2021 covid still here but now add the vaccine a 163% increase. FYI pic.twitter.com/Wb4B4GXjPs
— Michael Evanson (@MichaelEvanson1) November 3, 2022
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can’t do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC – PO Box 1520 Kulpsville, PA 19443] or Paypal
—————————————————–
To donate via Stripe, click here.
—————————————————–
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
This article has been archived for your research. The original version from The Burning Platform can be found here.
