Today I played after a hiatus of several months. First battle: my smith dies ... WTF?
I didn't even know that this is a thing now. Dead of old age I knew from some NPC lords, that's okay, there are births, too. But suddenly introducing death in battle, despite the fact that I disabled companion death, is absolute BS. I stopped playing and will wait until this is fixed.
Also: the companion had quite expensive armour and weapons ... are all gone. That’s not very realistic. He would have gotten a nice funeral and somebody in my clan would have inherited the stuff.
So, I second the suggestion to make death in battle a game rule that can be toggled on/off. And if it's on, the probabilities must be tweaked, too, from all what I read so far.