Talk to almost any life settlement broker and they’ll tell you that they saw an uptick in activity in the industry’s secondary market in 2022 when compared to the prior year. Corroborating those views, however, isn’t possible until the end of the Spring and early Summer each year, when trade body the Life Insurance Settlement Association and industry trade magazine The Life Settlement Report, part of The Deal, publish their own data which cover transactions in the secondary market.
So, ahead of these data releases, Life Risk News asked our readers, Do You Think There Were More Secondary Market Life Settlement Policies Purchased in 2022 Compared to 2021?
The response was overwhelmingly in the affirmative. 84.6% of survey respondents said that they thought that there were more secondary purchases last year when compared to 2021. 11.5% were unsure, and only 3.9% said no.
The next couple of months will tell the market whether the bulls or the bears were right.