Life Settlement - Education News

Emmanuel Modu, head of insurance-linked securities of A.M. Best Co., is participating in the Life Settlements and Longevity Summit being held on September 30 and October 1 at the Millennium Broadway Hotel, New York City, New York. Mr. Modu’s presentation, “Examining the Role of Rating Agencies Within a Life Settlement Securitization,” is on Thursday, October 1 at 10:45 am. Mr. Modu will also participate in a panel discussion, “Securitization of a Life Settlements Pool,” at 11:10 am on the same day – on which he will be joined by Isaac Efrat, senior managing director of Aladdin Capital, Rachel Coan, partner at Katten Muchin Rosenman, Scott Willkomm, senior vice president of Coventry, and Wai-Keung Tang, founder and president of Kappa Life.

On September 17, life settlement professionals, agents, and others will enjoy an exclusive look at the preeminent membership organization leading the secondary market for life insurance. The Life Insurance Settlement Association (LISA) will host a free webinar opening its doors to all interested parties.

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The month of August will offer a unique opportunity for brokers and service providers in the burgeoning market of life settlements. The Life Insurance Settlement Association is presenting a Broker Summit on August 7th and an Industry Services Forum on August 28th. Both events will be held in sunny Orlando, Fla., and feature panel discussions, an exhibitor marketplace and above all, plenty of opportunity to network.

On April 16th, the Life Insurance Settlement Association (LISA) will continue its pioneering series of Producer Seminars on life settlements in Philadelphia, PA. The 2008 LISA Producer Seminar is a highly anticipated event which brings together Producers to learn how life settlements can benefit their clients and increase their profits.

The Life Insurance Finance Association applauds the adopted amendments to The National Conference of Insurance Legislators (NCOIL) Life Settlements Model Act, which was adopted unanimously, reflecting the collaboration of all parties.

The Phoenix Companies, Inc. (NYSE: PNX) today announced that Edward W. Cassidy, executive vice president, has been given additional responsibilities for Annuity Distribution and John F. Sharry, senior vice president, who previously led Annuity Distribution, assumes a new position as head of business development for Alternative Products. Both will report to Philip K. Polkinghorn, senior executive vice president and president, Life and Annuity.

The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has launched the first index that will allow market participants to measure, manage, and trade exposure to longevity and mortality risks in a standardized, transparent, and real-time manner.

While analyzing what steps to take to restrict the sale of life insurance policies purchased only to be resold again, state legislators are closely evaluating the issue of life settlements.
Usually, in life settlement transactions, an elderly person sells a survivorship, whole, universal, variable, or term life insurance policy for a certain portion of the policy’s face value.

While analyzing what steps to take to restrict the sale of life insurance policies purchased only to be resold again, state legislators are closely evaluating the issue of life settlements.
Usually, in life settlement transactions, an elderly person sells a survivorship, whole, universal, variable, or term life insurance policy for a certain portion of the policy’s face value.