The size of the life settlement market is difficult to measure, given the lack of both publicly available and industry-produced data when compared to other alternative asset classes.
So, for this month’s poll on Life Risk News, we asked our readers for their best guess; the results were fairly evenly distributed.
Perhaps unsurprisingly, a small percentage of readers felt that the total size of the industry was less than $5bn AUM. After that, however, opinion was fairly evenly split. 32.7% of readers think that life settlement industry AUM is between $5bn and $15bn; the exact same percentage think that industry AUM is between $15bn and $25bn; and 28.6% of readers think that it’s over $25bn.
What’s generally accepted is that the life settlement market is the largest of the various life risk-based markets. But clearly, putting a directionally accurate figure on the size of the market is difficult even for industry insiders.