Life Settlement News

Crump Life Insurance Services has purchased the assets of a life settlements company.

Life Partners Holdings, Inc. (Nasdaq GS: LPHI), parent company of Life Partners, Inc., announced today that it has paid the $0.25 per share quarterly dividend to shareholders of record as of November 6, 2009 as previously announced.

Centurion Fund managers has obtained regulatory approval in Luxembourg for what it said is the first open-ended fund to combine macro and micro longevity life settlement exposure.

Texans who invested with a Houston company accused of scamming state workers, retired teachers and others will get most of their money back.

Four-day Event Draws Cross-continental Interests in Secondary Market

As interest in the life settlement industry climbs, two major trade groups unveil plans to host an international trade mission in Europe. In 2010, the Life Insurance Settlement Association (LISA) and the European Life Settlement Association (ELSA) will convene the first-ever trade mission for life settlement professionals. The 2010 Life Settlement Trade Mission is scheduled to run from February 23rd to the 26th. The four-day mission opens in London with an overnight stop in Luxembourg and concludes in Zurich. Despite the lingering effects of a global economic crisis, the life settlement industry is experiencing renewed interest among financial professionals and lawmakers. A Life Settlement is the sale of an existing life insurance policy to a third party for more than its cash surrender value but less than its net death benefit. The market is commonly understood to be less correlated to the fluctuations of financial markets and therefore, highly attractive in difficult economic times.

Assured Fund has warned that “unrealistic” calls for the securitisation of life settlements failed to take into account the complexities involved in such a move.

Limited seating is still available for Fasano Associates’ 6th Annual Life Settlement Conference - to be held on Monday, October 26, 2009 at Fasano’s headquarters in Washington, D.C.

The life settlement market is now ten years old and the news is out! In recent months, the secondary market for life insurance has been the topic of articles and programs such as The New York Times, The Wall Street Journal, and ABC Nightly News among others. With this heightened awareness, consumers are reevaluating their financial choices and investors are taking a closer look at an increasingly attractive asset class.

Cremated ashes scattered in Malaysia’s dense jungle may hold the secret of where more than £100m taken from savers in bust investment company Keydata ended up.

Innovative New Platform Allows Islamic Investors to Diversify Holdings Using an Uncorrelated Asset Class