Comment Re:Not only in Europe (Score 2) 623
Insurance companies have actuaries who spend their lives studying and calculating risk, and they work out the rates on insurance policies. And the verdict is that premiums will need to go up.
I would be amazed, if ever in the history of insurance companies, that a study of risk calculated that they could lower their premiums.
Not true; insurance rates have decreased due to updated morbity tables and lower mortality overall. (disclosure: I work for a life insurance company)