Life Partners Inc. Reorganization Selected as "Chapter 11 Restructuring of the Year"
Waco, Texas – April 5, 2017 – The successful reorganization of Life Partners Holdings Inc. (LPHI), which preserved the Life Partners $2.4 billion portfolio of life insurance policies, was honored as one of the “Chapter 11 Restructuring of the Year” transactions at the Ninth Annual Turnaround Atlas Awards held last
night in New York.
Click Here for more information.
BVZL Chairman Interview
A new interview with chairman of International Secondary Markets for Life Settlements association (BVZL) has been posted. In it he addresses a negative bias he sees in some recent headlines about the life settlement class of investments.
Read Full Press Release
ASG Expands Service Offering to Include LITE Analysis
Through various psychosocial factors, the LITE Analysis may be useful when determining longevity risk that may be associated with an insured. For more information, please CLICK HERE
Changes to the DMF and It's Affect on Maturity Tracking
ASG’s analysis on how the changes to Death Master File have affected its insured tracking services.
ASG Press Release-Changes to DMF
November 7th-9th, 2012: LISA Compliance Conference, Orlando
ASG Representatives will be in attendance. If you have any questions or would like schedule a meeting during the event, please send all inquiries to firstname.lastname@example.org. For more information, CLICK HERE.
September 10th & 11th, 2012: DealFlow Life Settlement Conference, Las Vegas
ASG representatives will be attendance. If you have any questions or would like to schedule a meeting during the conference please send all inquiries to email@example.com. For more information about the conference, CLICK HERE.
Oct. 13, 2011: Ruling is Stoli Setback for Principal Life
A federal court decision in Pennsylvania has notched a win for life settlement investors, deflating carriers’ argument that it is permissible for an insured person to apply for a life settlement with the express intent to sell it to a third party.
June 23, 2011: NCOIL President aims for FACI Role
Washington, DC, June 23, 2011—NCOIL President Rep. George Keiser (ND) last month applied to be one of fifteen national insurance experts selected to serve on a new Federal Advisory Committee on Insurance (FACI). The NCOIL leader—with a strong background in economics and extensive insurance experience—would help advise the Federal Insurance Office (FIO) on insurance public policy. Read More…
May 16, 2011: Death Derivatives Emerge from Pensions Risks of Living Too Long
Goldman Sachs Group Inc. (GS), Deutsche Bank AG (DBK) and JPMorgan Chase & Co. (JPM), which bundled and sold billions of dollars of mortgage loans, now want to help investors bet on people’s deaths. Pension funds sitting on more than $23 trillion of assets are buying insurance against the risk their members live longer than expected. Banks are looking to earn fees from packaging that risk into bonds and other securities to sell to investors. The hard part: Finding buyers willing to take the other side of bets that may take 20 years or more to play out. Read More…
March 4, 2011: Texas Legislature Won't Deliver Needed Life Insurance Reforms
State regulators hoped to tighten rules for one particular investment that has cost Texans hundreds of millions of dollars. But the Legislature is not going to come through for consumers. Not one lawmaker has introduced a bill that would clarify state law on the life settlement industry and determine whether the investments — essentially bets on when a stranger will die — are securities. Read more here: http://www.star-telegram.com/2011/03/04/2894853/texas-legislature-wont-deliver.html#storylink=cpy Read More…
March 1, 2011: Life Settlement Rules of the Road Now Clearer
Will the life settlement market rebound in 2011? Only time will tell. But increased focus on regulatory and self-regulatory oversight can only be a good thing. Case in point is the recent release of “Life Settlement Provider Best Practices” by the Institutional Life Markets Association. The document provides minimum compliance and diligence procedures for life settlement providers.
Feb. 28, 2011: Could 2011 be the Year of the Life Settlement?
Our modern life settlement industry is just a little more than a decade old, but its roots date back to the early 20th century…