Earlier quoted context omitted.
He is making a statement on his data and saying that elderly aren't dying at the same rate. How is it possible to take that any way besides literally?
No, he's making a statement saying that his data shows working age people dying at a higher rate. It says nothing about elderly people. The head of Indianapolis-based insurance company OneAmerica said the death rate is up a stunning 40% from pre-pandemic levels among working-age people. ... Davison said the increase in deaths (that his company sees) represents “huge, huge numbers,” and that’s it’s not elderly people…
So of course he doesn't see elderly deaths because they aren't in his data set
But since his data set is limited, we just can't draw this conclusion