Life Settlement News

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.

Finance IQ, a division of IQPC, announces a Medical Life Expectancy Debate on human longevity, featuring Dr. Aubrey de Grey, Co-Founder & Chief Science Officer of the SENS Foundation, and Dr. S. Jay Olshansky, Professor of Epidemiology at University of Illinois at Chicago. The debate is a part of the 2nd Life Settlements & Longevity Summit, being held September 30-October 1, 2009 at the Millennium Broadway Hotel in New York, NY www.lifesettlementsummit.com.

Four factors that have slowed America’s push for greater longevity

How long can you expect to live? The answer to that tantalizing question tells a lot about the success of a nation—or the lack of it.

Leading life expectancy underwriter, Fasano Associates, announced the development of an automated life expectancy calculator. The LE Calculator will be used as a screening tool for life settlement acquisitions and to assist individuals in financial planning applications.

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.

(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.

Proverian Capital is a premier life settlements provider based in New York City.

Johan’s address will focus on the importance of accurate life expectancy determinations as the most impactful and misunderstood factor in accumulating a performing Life Settlement portfolio. He will talk about the three “wrecking balls” that affected the life settlement industry in 2008 and what can be done about them

Advanced Underwriting Solutions leads the life expectancy (LE) market in a trend toward transparent reviews. In an environment of recent economic uncertainty, AUS continues to lead with the philosophy that it is vital to focus on consistency in the methodology and tracking of Senior Market impairments that have mortality implications affecting life expectancies. The LE’s provided by AUS provide in-depth detail on medical impairments combined with ICD codes - this allows investors a clear understanding of how to appropriately bucket risks within their portfolios.

After much anticipation the SOA/AAA Valuation Basic Table Team, a subgroup of the Preferred Mortality POG, has completed their work on the 2008 VBT.