Author: Bill Corry

The European Life Settlement Association is the leading European industry group promoting the life settlement industry to institutional, end investors. As such, our leadership position carries with it a range of responsibilities. First is our responsibility to educate the end investor with regards to the nuances of our market and the challenges and opportunities in front of us – and, in turn, them. These nuances include the complexities of longevity risk, the influence of the actuarial sciences, the inner workings of the life insurance industry, and the vast swath of regulations that impact our market. Second is the responsibility to…

In the 43 states of the US that have a regulatory infrastructure for the life settlement secondary market, a life settlement provider is involved in every transaction. The reason is because one of the two model acts – the NAIC’s Viatical Settlements Model Act and the NCOIL’s Life Settlements Model Act – used by states that regulate the space require their presence. Whether the life insurance policy is sourced via the direct-to-consumer channel, or the intermediated channel, the provider is an ever-present market participant. The role played by providers in our industry benefits both the asset manager and the consumer – and…