life-settlement

When investors buy life policies through so-called life-settlement arrangements, they agree to make the premium payments required to keep the policy in force.

Prudential Wins Ruling Over $10 Million Life-Settlement Case Leslie Scism 2011

The rulings also threaten to stifle a potential revival of the so-called life-settlement market, which already is reeling from a three-year downturn.

Ruling Is Defeat for Death-Bet Investors Leslie Scism 2011

In recent life-settlement conferences, hedge funds and other market participants said that interest in the area was rebounding, with private-equity firms, pension funds and other big investors hunting for bargains.

Fortress Agrees to Buy KBC Life-Settlement Portfolio Leslie Scism 2010

AIG said it recorded $254 million of other-than-temporary impairments for the year's first half for certain assets outside its main investment portfolio, "primarily" life-settlement contracts.

AIG Takes Charge for Life-Insurance Unit Leslie Scism 2011

In a written statement, a lawyer for Life Partners, Ida Draim , said the target rate of a 7% compounded annual return over seven years was "derived through feedback from our clients" about the level of return they generally seek for life-settlement investments.

Life Partners Will Change Sales Pitch Mark Maremont 2011

At a life-settlement industry conference in New York last month, hedge funds, middlemen and other market participants almost all uniformly described the market as still distressed from the meltdown that hit many markets in 2008, with this one suffering some unique problems.

Apollo Considers a Life-Settlements Portfolio Amy Or 2010

At June 30, AIG's Chartis unit held 5,819 life-settlement contracts with $18.4 billion of anticipated death benefits, valued at $4.0 billion.

AIG Takes Charge for Life-Insurance Unit Leslie Scism 2011

The Texas investigation adds to a string of problems for Life Partners, which is being sued in numerous court actions by shareholders and investors in its life-settlement products.

Texas Sues Life Partners Mark Maremont 2011

AIG's life-settlement business is in its Chartis property-casualty division.

AIG Tries to Sell Death-Bet Securities Leslie Scism 2011

Another person said there are several other life-settlement portfolios, seeking between $150 million and $400 million, being marketed by European banks.

Apollo Considers a Life-Settlements Portfolio Amy Or 2010