Wednesday, February 3, 2010

Trends in Life Insurance and Life Settlement

Two recent indices (one tracking life insurance sales, the other life settlement transactions) have both reflected a positive trend in the markets.

Medical Information Bureau (MIB) noted a continued trend towards growth in life insurance policy applications-especially on older applicants (60+ year olds) which reflected an outstanding YTD increase of 13% over 2008 sales.

Amrita Life Settlement Index just posted it's inaugural index (the first of its kind in the LS market) reflecting an increase in LS transactions (as reported by provider firms in the market) from its benchmarked 500 points to 528. A modest growth but a positive trend nontheless. This blogger is looking for future indices from this group that are more specific and refined-and have no doubt they are committed to providing a quality and reliable reporting for years to come.

Any growth is positive, and after the year we all experienced (whether from a life insurance or life settlement view point) it is quite welcome as we move into a new year!

Quote of the Day:
"Small opportunities are often the start of great enterprises "
Demosthenes (384 BC-322 BC)
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