Industry News Archive
Life Settlements Top $12 Billion in Record Year
Institutional Investor Journals and the Life Insurance Settlement Association Publish New Research and Investment Strategies in a Special Section on Life Settlements in The Journal of Structured Finance
Life settlement-backed securities have seen tremendous growth in the past 12 months. The life settlement market expanded in 2006 to approximately $12 billion. While this number is still a fraction of what some predict will be the size in 10 years, it still represents a significant increase over the prior year. The market for life settlements grows as financial institutions become involved in unprecedented ways via securitization of life insurance policies or other new synthetic structures.
For the second year, Institutional Investor Journals and the Life Insurance Settlement Association (LISA) have published a special section on life settlements in the Summer 2007 issue of The Journal of Structured Finance.
“As the secondary market for life insurance draws greater interest from institutional investors and becomes more widely known among senior consumers, we see an increased need for authoritative information on this topic,” stated Doug Head, Executive Director of LISA. “This special section of The Journal of Structured Finance is written by industry experts explaining the secondary market supply chain, product flow constraints, operational challenges of providers, minimizing portfolio risk of investors, market inefficiencies, and an analysis of the value to the consumer.” LISA is the life settlement industry’s largest trade association and regarded as “the voice of the industry.”
“The demand for research and analysis on these specialized products keeps growing,” said Allison Adams, publisher of Institutional Investor Journals. “Since our inaugural issue last year, many of the large investment firms have become more involved in this industry. There still isn’t a lot of sophisticated research on the topic for institutional investors in the marketplace. We are pleased to help fill this information gap.”
For more about the latest developments in life settlements, please visit www.iijsf.com.
About The Journal of Structured Finance
The Journal of Structured Finance, published by Institutional Investor Journals, offers readers insightful, comprehensive research and commentary on all aspects of structured finance. Written by distinguished industry experts, The Journal of Structured Finance provides detailed analysis on structuring and investing in products such as ABSs, CDOs, CLOs, and MBSs. www.iijsf.com.
About the Life Insurance Settlement Association (LISA)
LISA, based in Orlando, Florida, is a non-profit association founded in 1994 to serve as a national resource center to provide information about life settlements. LISA currently has over 145 member companies and is the largest and oldest trade and professional organization in the life settlement industry. www.lisassociation.org
