Life Risk News: Volume 1, Issue 6, October 2022
Geopolitical and macroeconomic issues are having a significant impact on all asset classes and life settlements is no different. Life Risk News’ Greg Winterton spoke to Cory Zass, Founder of Actuarial Risk Management, to get his thoughts on how the life settlement market is managing through the current storm for our cover story this month, Life Settlements Well Positioned To Navigate Choppy Macro Waters But Caution Required.
Still on the macroeconomic theme, a rising interest rate environment, in theory, makes alternative credit products less attractive to investors when compared to their traditional, liquid counterparts. In the Life ILS space, however, there are nuances in the space that make the effect of higher interest rates less of a concern. Life Risk News’ Greg Winterton spoke to Adam Robinson, Head of Life at ILS manager Securis, to learn more about them in Could Rising Interest Rates Be a Catalyst for More Attention on the Life ILS Market?
The Geronta Funding v. Brighthouse Life Insurance Company case in the United States caused quite a stir in life settlement circles, and Life Risk News’ Jeffrey Davis delves into the nuances of the case in The Fictitious ‘Mansour Seck’.
Our first commentary piece this month comes from Roger Lawrence, Managing Director at WL Consulting. Proposed DWP Regulations May Hasten the Demise of DB Pensions in the UK takes a look at upcoming UK pensions legislation and the impact it might have on the longevity risk transfer space.
The grim state of the world economy translates into our poll this month, which asks Life Risk News readers, Will High Inflation, Increasing Energy Bills and a Potential Recession Force More Homeowners To Access the Equity Release/Reverse Mortgage Market? Our readers are pretty sure about the answer to this one.
Our second commentary piece this month comes courtesy of Simon Erritt, Managing Director at Coventry Capital. The European Life Settlement Association’s Code of Practice is 10 years old this month, and Erritt dives into the history and main points of the code in The Development of the European Life Settlement Association’s Code of Practice.
Our Q&A this month features Sherry Duarte of the Life Insurance Settlement Association. Duarte is the Vice Chair and Chairwoman elect of the organisation, and she shares her views on LISA’s activities this year and her outlook for 2023.
Blockchain technology bulls say that blockchain will eat the world. That may be true, it maybe not. But there are certainly areas of the life settlement market where the technology could be incorporated. Life Risk News’ Greg Winterton spoke to Brian Casey, Partner at law firm Locke Lord, to find out what these areas are in Is Blockchain Poised To Revolutionise the Life Settlement Market?
If you’re interested in getting in touch, whether that’s with an idea for a topic that you’d like to see covered, or just to offer some feedback, please drop the team a line at editor@liferisk.news. In the meantime, on behalf of ELSA, we hope you enjoy this new issue of Life Risk News.
Chris Wells, Managing Editor, Life Risk News