Today we learned that 21st Services, a major will implement changes in its mortality tables relative to its life expectancy determinations beginning September 16, 2008. A Life Expectancy also known as an LE is huge factor in pricing models for life settlement cases.
21st announced yesterday, at their Annual Investor Subcommittee conference, that they will be [...]
It is strange that they used the name Abacus Life Settlements since there is a US based Life Settlement Funder named Abacus Settlements. Here is the article:
Experienced European Specialist Starts His Own New Life Settlement Firm
January 3, 2008 — Netherlands — The year has just begun and Life-Exchange has just added a new Member firm [...]
Beware of strangers
Stranger/Investor Oriented Life Insurance not a good idea
FAIRMONT - The West Virginia Offices of the Insurance Commissioner warns against “Stranger/Investor Originated Life Insurance.”
Known as STOLI for short, these life settlement arrangements can come in different forms and names, said Dena Wildman, insurance complaint specialist supervisor for the state Offices of the Insurance Commissioner.
For [...]
After 16 months of debate, the National Conference of Insurance Legislators (NCOIL) has adopted an amended Life Settlements Model Act (Model Act). The Model Act was unanimously adopted during NCOIL’s Annual Meeting in November. First adopted in November 2000 and last updated in July 2004, the Model Act “is a targeted attempt to prohibit controversial [...]
Interesting Life Settlement article I found discussing the back end of Life Settlement transactions. This article does not necessarily effect individual policy owners that are selling their policies. If you are interested in sell you life insurance policy, call 1-888-973-8377
Death Trap Ahead
Death bonds may sound like a good investment–but are they?
When I started seeing articles [...]
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