Life Settlements: Weak Investor Supply Despite Growing Consumer Demand-11/15/2012
“The life settlement market volumes remained low in 2011, reflecting weak capital inflows continuing as in the past few years. This in part due to investor concerns with standards of underwriting and pricing accuracy,” said Scott Hawkins, analyst at Conning. “In fact, because of fewer new policies settled, we estimate that the amount of in-force life settlements actually declined for the first time in 2011 based on death claims and lapses on previously settled policies. While consumer demand for this product remains strong, the asset class has so far been unable to attract sufficient capital to meet that demand. Activity in the market has mainly centered on acquiring distressed portfolios rather than funding new policy purchases. But we may be seeing early signs of change”...READ MORE. Also see LifeHealthPro's article on the Conning report.
Wishing you all a Wonderful Thanksgiving Holiday!
Gratitude is not only the greatest of virtues, but the parent of all others.
Cicero (106 BC - 43 BC), 'Pro Plancio,' 54 B.C.
No comments:
Post a Comment