A recent index released from the Amrita Life Settlement Index experienced a 73-point drop in February from January 2010.
The weakness was largely due to a persistent imbalance between available policies and active buyers in the life settlement market, says Amrita. Traditional sources of policy origination such as life settlement brokers, consumers and other intermediaries continue [...]
The 2010 Trade Summit drew an opening London crowd of 150 and robust crowds followed the event as it arrived in Luxembourg and finally, in Zurich. “It’s clearly heartening to experience straightforward and honest deliberation of the industry’s most pressing issues,” said Bryan Freeman, co-chairman of the Trade Mission and president of Habersham Funding LLC. [...]
Upcoming Life Settlement Conference is right around the corner…
The International Life Settlements Conference
March 22 & 23, Marriott Grosvenor Square, London
The Life Settlements industry continues to evolve with new regulation and legislation surrounding the market. The International Life Settlements Conference examines all of the latest developments, with an emphasis on what investors are looking for, how [...]
The New York insurance department will require agents and brokers to disclosure how much commission is being paid and by whom, if New Yorkers contemplating an insurance policy request the information, according to a statement released by the department.
The regulation will be published in the February 10, 2010 issue of the State Register, and its [...]
Credit Suisse spokesperson Duncan King confirmed that seven employees in its Life Finance Group in New York were laid off in early February and that another 10 were reassigned. However, he declined comment on whether the investment bank, based in New York, is planning on exiting the life settlement market entirely. The Life Finance Group’s [...]
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