Life Settlement News

Examination Management Services, Inc. (EMSI), a leading provider of comprehensive underwriting services to the life settlement industry, recently revised its life expectancy underwriting mortality tables with an expected rollout to customers February 2, 2009. EMSI’s updated tables are based on the Society of Actuaries 2008 Valuation Basic Table (VBT). Revisions to EMSI’s mortality tables not only reflect the 2008 VBT’s mortality improvement in the general population, but also include different patterns of mortality between the life insurance and life settlement industries.

Life-Exchange, Inc. (OTCBB: LFXG) announced today an exclusive joint venture with MediSummary. MediSummary is a specialty medical underwriting firm with a focus on the life settlement and premium finance market. Founded in 2006 by Cristina Fossati and headquartered in Coral Gables, FL the firm counts more than 50 different financial institutions as clients. Beginning February 1, 2009 Ms. Fossati and her team will begin offering their services exclusively through Life-Exchange.

Advanced Underwriting Solutions now offers provisional reviews prior to initial purchasing decisions

Finance IQ, a division of the International Quality & Productivity Center (IQPC), will hold its 5th Insurance Linked Securities Summit January 28-30, 2009 at the Millennium Broadway Hotel in New York City (www.iqpc.com/us/ils). A diverse group of the foremost ILS professionals will provide comprehensive views and strategies surrounding this non-correlated asset class on the life and non-life sides of the market.

Life Partners Holdings, Inc. (NasdaqGS: LPHI) today announced that its Board of Directors has approved a 5-for-4 split of the company’s common stock which will be paid in the form of a stock dividend on February 16, 2009 to shareholders of record as of February 6, 2009.

KPMG was appointed receiver and manager of all of the property of New Life Capital Corp. and its related entities by the Superior Court of Justice this week.

AllFinancial Group LLC (“AFG” or the “Company”) announces that in the midst of recent life settlement market dislocations, it has immediately available capital to provide liquidity in the form of short term, or “bridge” loans to life settlement investors, including providers that may be holding policies for their own accounts.

(OTCBB: LFXG) announced this morning the launch of their new bi-monthly life settlement and longevity markets trade report. The Life-Exchange Trade Report features valuable information on the growing life settlement and longevity risk markets. Data includes volume statistics, trade data, yields and other key industry specific data. The proprietary data and analysis is based on a compilation of trade data from Life-Exchange’s auction platform, industry participant surveys, government statistics, and public sources.

Life Policy Dynamics, LLC (LPD) announced today that Terry Fields has joined LPD as that company’s Director of Operations. In this capacity Mr. Fields will manage the delivery of customized service solutions to a broad range of funding entities, providers, lenders, brokers and agents within the life settlement and senior life insurance markets.

ClearLife is delighted to announce the addition of Valerie Coffey to its team. Valerie joins as Vice President of ClearLife LP, ClearLife’s U.S. operation, responsible for the development of ClearLife’s US business and operations. She will also lead the roll-out of ClariNet™, the business management system developed by ClearLife for participants in the life settlements and longevity risk markets.