The latest news and analysis of the growing secondary market for life insurance settlements. Discover why this nascent market could be the best opportunity to come around in a decade to secure low-risk double-digit returns from an asset that is uncorrelated to real estate, commodities, bonds and stocks.
Updated: 6 hours 38 min ago
Fri, 02/03/2012 - 15:46
Coventry laid off about 12% of its 300-employee workforce, most of them in its life settlement busin...
Fri, 02/03/2012 - 00:07
As bondholders prepare to vote on an orderly wind-down of Lifemark, the life settlement bond company...
Thu, 02/02/2012 - 00:29
New Jersey Gov. Chris Christie has nominated Ken Kobylowski as the state's insurance and banking com...
Wed, 02/01/2012 - 23:29
A Nevada federal court case holding that insurers can retain premiums in a stranger-originated life ...
Wed, 02/01/2012 - 23:16
Jeff Mulholland, former chairman and chief executive of Insurance Capital Markets who joined Societe...
Wed, 02/01/2012 - 23:12
Secondary market players who remain after the contraction that began more than three years ago are s...
Wed, 02/01/2012 - 20:02
Jonathan Neuman, president and chief operating officer of Imperial Holdings, has taken a voluntary f...
Tue, 01/31/2012 - 01:48
ARM Asset-Backed Securities has received other proposals for its $320 million life settlement portfo...
Mon, 01/30/2012 - 18:35
A proposal for Insetco, a relatively new market player, to acquire the troubled ARM Asset-Backed Sec...
Thu, 01/26/2012 - 17:57
Vespera Life, which obtained a provider's license from Florida in February 2011, said it plans to bu...
Thu, 01/26/2012 - 17:24
Brian Pardo, chief executive of beleaguered Life Partners Holdings, and Scott Peden, general counsel...
Wed, 01/25/2012 - 18:02
As the Financial Services Authority's formal public comment period on whether to ban life settlement...
Tue, 01/24/2012 - 23:45
Monarch Alternative Capital, a New York-based buyer of distressed assets, has put in a winning bid f...
Tue, 01/24/2012 - 16:38
New Jersey's insurance and banking commissioner, Tom Considine, plans to give up his position in Feb...
Mon, 01/23/2012 - 18:11
A California man who took out a line of credit to pay premiums on a $3 million policy that he could ...
Fri, 01/20/2012 - 00:02
Imperial Holdings, the Boca Raton, Fla., specialty-finance firm being investigated by federal author...
Wed, 01/18/2012 - 19:31
Welcome Funds, a Boca Raton, Fla.-based life settlement broker, has found an A-rated institutional b...
Wed, 01/18/2012 - 18:44
AVS Underwriting recently began giving credits in its life expectancy estimates for people taking st...
Wed, 01/18/2012 - 18:39
Two brokers charged excessive fees ranging from 17% to 36% for five variable life settlement transac...
Wed, 01/18/2012 - 00:49
Life settlement market players said they remain skeptical about Dematco, a U.S. company that claims ...