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Metlife assumes about 200,000 COVID-19 deaths in U.S. in third quarter

Published 08/06/2020, 10:02 AM
Updated 08/06/2020, 10:05 AM
© Reuters. A MetLife Inc  building is shown in Irvine, California

NEW YORK (Reuters) - Metlife Inc (N:MET) said on Thursday it assumes U.S. deaths from COVID-19 will rise to about 200,000 by the end of September, but the disease is having minimal overall impact on underwriting.

"We continue to anticipate modest underwriting impacts from COVID-19 on a combined basis, assuming death rises in the U.S. to approximately 200,000 through the third quarter," Chief Financial Officer John McCallion said on a conference call with investors. MetLife released earnings on Wednesday.

Latest comments

My original projection was 400,000. The flu ki ll 40000 yearly, this is 10x flu. Above 400k, usa does a terrible job. 200k is average.
We truly live in the “dystopian future” we all thought was just science fiction. We’re reporting 200K dead projections...that’s more than Hiroshima.
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