Life Settlements - Investors Beware: Complete Your Due Diligence Before Buying

Securities Professional's Alert - An Insurance Perspective

PUBLISHED ON: November 7, 2006

Download PDF

The growth of the life settlement industry over the last decade is nothing short of remarkable – a recent study pegged the current market at $13 billion and projected the industry to grow to over $160 billion in coming years. The industry involves the purchase of life insurance policies by investors (sometimes called stranger-owned insurance) and in many cases, the subsequent securitization of numerous stranger-owned life insurance policies in large investment pools. The Wall Street Journal has publicized this burgeoning market and highlighted the growing concern among regulators regarding life settlements. Lately, life settlements have been the object of increased media attention and industry debate about their legitimacy. With such immense growth potential, institutional investors are entering the market looking to profit from existing practices and attempting to cultivate new ones.

Related People

Of Counsel | Anderson Kill P.C.
R. Mark Keenan
Of Counsel
New York

Related Industry Teams

Related Practice Areas

Related Publications