Edward Dowd on GETTR : Aegon Insurance Q4 puzzling questions that perhaps an intrepid journalist should pursue: During quarter they did a $1.4 bil...
Aegon Insurance Q4 puzzling questions that perhaps an intrepid journalist should pursue: During quarter they did a $1.4 billion reinsurance deal with Wilton Re to offset larger policies in US due their increased mortality expectations in 2022. TransAmerica is owned by Aegon In the earnings transcript an exchange between CFO & Mr Huttner is illuminating: Basically as I read it they are doing an unfavorable deal to reduce volatility…obviously “volatility” is code for higher in their mind. Question to CFO: “Given the vaccines & Omicron why do this?” Why are you seeing these increased trends? What does indirect Covid mean? Also important to remember that these policy holders are wealthier individuals not prone to drug overdose & suicide. Curious indeed
Aegon Insurance Q4 puzzling questions that perhaps an intrepid journalist should pursue: During quarter they did a $1.4 billion reinsurance deal with Wilton Re to offset larger policies in US due their increased mortality expectations in 2022. TransAmerica is owned by Aegon In the earnings transcript an exchange between CFO & Mr Huttner is illuminating: Basically as I read it they are doing an unfavorable deal to reduce volatility…obviously “volatility” is code for higher in their mind. Question to CFO: “Given the vaccines & Omicron why do this?” Why are you seeing these increased trends? What does indirect Covid mean? Also important to remember that these policy holders are wealthier individuals not prone to drug overdose & suicide. Curious indeed