Life Settlement and Viatical Settlement News

Selling off life insurance policies to raise money grows in popularity; some wonder who’s buying
BY PHYLLIS FURMAN - DAILY NEWS BUSINESS WRITER
Someone out there wants to place a bet on when you’re going to die - and they’re willing to hand you a chunk of cash now, while you’re still alive.
This fast-growing business allows seniors […]

Institutional Investor Journals and the Life Insurance Settlement Association Publish New Research and Investment Strategies in a Special Section on Life Settlements in The Journal of Structured Finance
NEW YORK, NY–(Marketwire - July 26, 2007) - Life settlement-backed securities have seen tremendous growth in the past 12 months. The life settlement market expanded in
2006 to approximately […]

BOYNTON BEACH, Fla.–(BUSINESS WIRE)–Peach Holdings, Inc. (”Peachtree”) announces
the appointment of Hasham J. Malik as Senior Vice President & Chief Capital Markets Officer. Mr. Malik joins Peachtree from Bear Stearns & Co., Inc. where he was Managing Director and co-head of the life settlements trading business. During his 14-year career in structured finance investment banking he […]

ORLANDO, FL–(Marketwire - July 19, 2007) - The Life Insurance Settlement Association (LISA) today renewed its objections to the recent amendments to the NAIC Viatical Settlement Model Act, after it was revealed that both the primary author of the model and its key supporter, the American Council of Life Insurance (ACLI), knew that the model […]

Industry Association Supports Life Settlement Bill Introduced in D.C.
ORLANDO, FL–(Marketwire - July 17, 2007) - The Life Insurance Settlement Association announced its strong support today for the recently introduced bill in the District of Columbia City Council to regulate life settlements in that jurisdiction. This legislation, introduced at the request of the D.C. Department of […]