traded life policies

Apr 28 2011

IQPC 5th LS & Longevity Investment Summit

We are proud to bring you the 5th installment in IQPC’s successful New York Life Settlements series, unique for its investor-driven content and focus on life and longevity based investing opportunities. This established biannual event will once again bring together key players in the life settlements and longevity investment market, drawing seasoned players and new market entrants alike. The 2011 program has been carefully researched with industry experts to bring you timely, crucial and ALL-NEW content.

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Jan 4 2011

Insurers Sued Over Death Bets

New investor lawsuits are emerging amid the wreckage of an investment boom in life-insurance policies that spectacularly collapsed.

The suits involve the secondary market in life policies, which boomed from 2004 to 2008 as thousands of old people sought to make fast cash by taking out multimillion-dollar policies on their own lives to sell to investors. Tens of billions of dollars worth of insurance changed hands. Under the deals, the investors pay the premiums until the insured person dies, at which point they collect the death benefit.

Source: Wall St. Journal
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Insurers Sued Over Death Bets

Scrutiny on Secondary-Market Policies That Paid Investors When Others Died.

New investor lawsuits are emerging amid the wreckage of an investment boom in life-insurance policies that spectacularly collapsed.

The suits involve the secondary market in life policies, which boomed from 2004 to 2008 as thousands of old people sought to make fast cash by taking out multimillion-dollar policies on their own lives to sell to investors. Tens of billions of dollars worth of insurance changed hands. Under the deals, the investors pay the premiums until the insured person dies, at which point they collect the death benefit.

Oct 7 2010

ELSA says industry ‘must have a code’

The European Life Settlements Association has launched a Code of Practice designed to increase protection for investors following the collapse of Keydata.

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The Code aims to address key risks including portfolio liquidity, cashflows, concentration of risk for retail investors, fees, commissions, safekeeping of assets, counterparty risk, and longevity risk.

Source: ELSA says industry ‘must have a code’
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