As the global economy starts to show signs of a recovery, investors and their advisors are increasingly recognizing life settlements as a stable and viable asset class.
Examination Management Services, Inc. (EMSI) will be presenting at the 5th Insurance Link Securities Summit in New York, NY January 28-30, 2009. Hosted by Finance IQ, a division of the International Quality & Productivity Center (IQPC), the Summit will discuss innovative solutions for transferring risk and the appetite for taking on risk in the growing insurance and life settlement industries.
LISA
The month of September will offer a unique opportunity for producers and brokers in the burgeoning market of life settlements. The Life Insurance Settlement Association is presenting a day long Producer Seminar on September 24th and a day-long Broker Summit on September 25th in sunny Orlando, Florida. The producer seminar offers life insurance professionals from all industry segments a singular opportunity to expand their professional portfolios.
Peachtree Life Settlements is pleased to announce the launch of Life Settlement Trading operations which it commenced in the first quarter of 2007. This new endeavor has made a strong start with policies representing over $200 million in net death benefit sold to institutional counter-parties in the first quarter of 2007. Peachtree Life Settlements has appointed Senior VP Sergio Salani as the head of these activities, and his efforts resulted in several block sales with European banks.
Life settlements continue to generate controversy, but continue to be popular, viable solutions for some of today’s consumers.
Peachtree Life Settlements has obtained licensing in two important states for the Life Settlement business - Louisiana and Mississippi. The regional expansion into additional U.S. states where Peachtree Life Settlements can purchase life insurance policies will be a significant enhancement to its already successful Life Settlement business.
Peachtree Life Settlements is pleased to announce that it has closed on a $500 million credit facility for the acquisition of life settlements. This new facility gives Peachtree Life Settlements the capacity to purchase an additional $1.5 billion in life insurance policies. This development will add to Peachtree Life Settlements’ ongoing presence as a pioneer in providing institutional financing for the life settlement market.
Life Policy Dynamics, LLC, (“LPD”) announced today, the completion of its 2006 aggregated market analysis of the life settlement industry. The market analysis examines 168 life insurance policies transacted in the secondary life insurance market during 2006. Increases and decreases of winning bid amounts over the past four quarters are explored, as well as percentage above Cash Surrender Value accepted, and comparisons of life expectancy reports.
Life settlements, bank insurance, and consumer motivation are just some distribution and marketing topics on slate for the fifth annual Life Insurance Conference, April 16-18, 2007 at the Westin Peachtree Plaza, Atlanta, GA.
Ever Diversifying Its Bets, Wall Street Is Investing in Life-Insurance Policies
Your life insurance is meant as a hedge against personal tragedy. Wall Street increasingly wants to invest in it like a security.