COVID-19 Still Responsible For Half Of Excess Deaths In Australia
COVID-19 Still Responsible For Half Of Excess Deaths In Australia
According to the Actuaries Institute of Australia, COVID-19 will continue to account for half of all excess fatalities through H1 2022, indicating a continuing risk for insurance and reinsurance companies with exposure to this market.
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According to data from the Actuaries Institute, excess mortality in Australia during the first half of 2022 was 13% higher than expected, totaling +11,200 deaths, of which COVID-19 was responsible for +5,600.
Additionally, 1,300 deaths occurred among individuals with COVID-19, possibly as a result of diseases brought on by COVID or as a result of interactions with other factors.
“Multiple factors are likely to be in play, and different factors may be more or less pronounced at various times,” said Karen Cutter, spokesperson for the Actuaries Institute’s Working Group.
COVID-19 Still Responsible For Half Of Excess Deaths In Australia
“It isn’t possible to identify from the data whether any or all of these issues are causing the non-COVID-19 excess deaths. We would like to see further investigation into the possible causes to try to answer this question.”
According to daily surveillance reports from State and Territory health departments, there were around 12,900 COVID-19 deaths in the first nine months of 2022. The number of deaths in the month of September 2022 was considerably lower than for July and August.
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Adjusting the surveillance deaths to remove deaths ‘with’ COVID, the Actuaries Institute estimates that around 9,500 of these deaths were ‘from’ COVID-19.
At this level, COVID-19 is estimated to be the third leading cause of death for the first nine months of 2022, and it is expected that COVID-19 will also be the third leading cause of death over the whole of 2022.
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