Covid-19 linked to year’s 43% surge in death claims

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Covid-19 linked to year’s 43% surge in death claims
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Insurance industry experienced 309,733 extra mortalities in its latest annual measurement period

Mortality claims statistics from the insurance industry show that more than a million policyholders died in the most recent one-year measurement period, which the sector says is “no doubt” linked to Covid-19.

Data from the Association for Savings and Investment SA shows that 1,023,083 policyholders died between April 1 2020 and March 31 2021 — a 43% increase on the 713,350 deaths over the corresponding period in the previous year...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

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