Fasano Announces 3rd Annual Life Settlement Conference
WASHINGTON–(BUSINESS WIRE)–Sept. 19, 2006–Fasano Associates announced today that it will host its Third Annual Life Settlement Conference on Wednesday, November 8, 2006 at its headquarters in Washington, DC. The conference will address regulatory, investment and other issues affecting the life settlement market with presentations by Lehman Brothers, Baker & McKenzie and Fasano Associates.
A life settlement is the sale in the secondary market of a life insurance policy that no longer meets the needs of the policy owner. The life settlement industry brings together the capital and insurance markets to provide owners of life insurance competitive market values for their policies. The life settlement market is a multi-billion dollar industry that has attracted both domestic and international attention.
“The life settlement industry continues to grow despite concerns addressed by some regulators and the life insurance industry. We will address these concerns, as well as investment, legal, actuarial and medical issues impacting the industry,” said Michael Fasano, President of Fasano Associates.
Conference speakers will include:
– Keynote address by Jim Terlizzi, CEO of Peachtree Life Settlements - Trends in the Life Settlement Industry
– Thomas Hampton, Commissioner of the D.C. Department of Insurance, Securities and Banking - Regulatory Issues
– Lehman Brothers, the renowned investment banking firm - Impact of Interest Rate Movements on Life Settlement Investments
– Daniel MacDonald, Portfolio Manager with the Ontario Teachers Pension Plan - Growing Interest of Pension Funds in Life Settlements
– Terry Lierman, Chair of the Maryland Democratic Party - Importance of the Political Process to the Life Settlement Industry
– Adam Balinsky, Partner with Baker & McKenzie - Insurable Interest
– Fasano Associates - Medical and actuarial research findings bearing on over-65 mortality
Conference registration information is available at http://www.fasanoassociates.com.
About Fasano Associates:
Fasano Associates is a leading underwriting consulting firm serving the life, health and life settlement industries.
