Covid-19 – ITM TwentyFirst

COVID-19 Update: Life Settlement Excess Mortality is in Decline

COVID-19 Update: Life Settlement Excess Mortality is in Decline

Executive Summary This post is a continuation of our analysis on COVID-19’s impact on Life Settlements. Life settlement excess mortality is in decline. Life settlement lives experienced lasting protection from pandemic-related mortality in 2021. We expect COVID’s impact on life settlements will continue to decline in the coming months outside of mild increases driven by future variants of the virus. Life Settlement Excess Mortality [...]

ITM TwentyFirst2022-04-29T17:22:33-05:00April 29th, 2022|Covid-19|0 Comments

COVID-19 Update: Life Settlement Lives Show Strong Indications of Vaccine Effectiveness During the First Half Of 2021

COVID-19 Update: Life Settlement Lives Show Strong Indications of Vaccine Effectiveness During the First Half Of 2021

NOTE: The following data and analysis is based on experience through 6/30/2021, prior to the onset of the late-summer surge in COVID cases driven by the Delta Variant. As of this writing the data has not developed sufficiently to allow us to provide insight on the impact of the “4th Wave” on the Life Settlement population. We will provide another update in the coming [...]

ITM TwentyFirst2021-11-23T15:16:07-06:00September 27th, 2021|Covid-19|0 Comments

COVID-19 Update: Vaccines May Have Protected Life Settlement Lives in January

COVID-19 Update: Vaccines May Have Protected Life Settlement Lives in January

Executive Summary: The 3rd wave of the pandemic was the most widespread and deadly. Through 2020, we did not find evidence of protection on Life Settlement lives from COVID. However, in January 2021, at the peak of the 3rd wave, we saw the first signs that vaccines may be reducing excess mortality in Life Settlements. Many Life Settlement lives are in the highest [...]

ITM TwentyFirst2021-04-05T16:54:39-05:00April 5th, 2021|Covid-19, Life Insurance Underwriting, Life Settlements|0 Comments

COVID-19 Update: Summer Excess Mortality Higher than Expected

COVID-19 Update: Summer Excess Mortality Higher than Expected

Executive Summary: Historically, mortality rates trend downward during the summer months, but in the summer of 2020 mortality was on the rise for life settlements. In total from April through September, we observed at-most a very small protection from COVID-19 on the life settlements population. COVID vaccines will likely reduce excess mortality in life settlements significantly by Spring 2021. Insureds in nursing homes and [...]

ITM TwentyFirst2020-12-14T09:21:50-06:00December 14th, 2020|Covid-19, Life Settlements|0 Comments

COVID-19 Update: Life Settlements Excess Mortality Declines

COVID-19 Update: Life Settlements Excess Mortality Declines

This post updates our previous analysis which estimated a COVID-19 net mortality risk factor for the life settlements population between 6x and 12x. Since then, we have seen a decrease in life settlements excess mortality resulting in a net risk estimate at the floor of our original range, around 6x. This is consistent with a delayed protective wealth effect where the delay is explained [...]

ITM TwentyFirst2020-08-07T14:05:35-05:00August 7th, 2020|Covid-19, General Interest|0 Comments

Early Excess Mortality in Life Settlements on Par with COVID-19 Projections

Early Excess Mortality in Life Settlements on Par with COVID-19 Projections

In this post we estimate an “equal-risk” projection of COVID-19 mortality within life settlements using the geographic overlap of COVID-19 deaths with life settlement insureds. By comparing this equal-risk rate to observed data, we estimate a net mortality risk factor of 6-12x for the life settlements population. This is on par with a simple age-weighted projection of mortality and suggests socio-economic advantages may have [...]

ITM TwentyFirst2020-05-19T11:50:40-05:00May 19th, 2020|Covid-19, Life Expectancy Reports, Life Insurance Underwriting, Life Settlements, News|0 Comments

Is Life Settlements Population at Greater Risk Due to COVID-19 Comorbidities?

Is Life Settlements Population at Greater Risk Due to COVID-19 Comorbidities?

In this post, we investigate how the unique comorbidity profile among life settlements lives may impact outcomes due to COVID-19. Our analysis concluded that life settlements likely represents a higher risk comorbidity profile than either the U.S. adult or senior populations. Due to correlations with age, we could not conclude whether this increased vulnerability extends the vulnerability due to age alone as presented in [...]

ITM TwentyFirst2020-04-30T16:23:37-05:00April 30th, 2020|Covid-19, Life Expectancy Reports, Life Settlements|0 Comments

What do Obituaries Reveal About COVID-19 Mortality?

What do Obituaries Reveal About COVID-19 Mortality?

In this post, we look at whether COVID-19 has had an impact on the number of obituaries being reported, as they are a critical source of death data. Note that the charts in this post are interactive. PBI Research Services , a subsidiary of Longevity Holdings LLC , is a national leader in death auditing and mortality tracking. Their mortality data is captured from [...]

ITM TwentyFirst2020-04-16T14:07:03-05:00April 16th, 2020|Covid-19, Life Expectancy Reports, Life Settlements|1 Comment