The Life Settlements Report - January 17, 2008

LISA Reiterates Stand on Controversial Market Segment

Despite a life settlement industry trade group's opposition to the purchase of contestable policies, the controversial practice in the secondary market shows no signs of letting up. Full Story

NAIC to Study Loans Against Policies This Year

The first sizable wave of competition to the life settlement industry has struck, as some companies have begun providing policy loans. Full Story

ABN AMRO Bank and Bear Stearns won an auction of life settlement policies held by Ritchie Capital Management in two bankrupt hedge funds. Full Story

• NAIC Investigation Says Model Act Process Not Tainted
• Peachtree Renews Credit Facilities to Buy $900M in Policies
• Life Partners to Repurchase Up to 1 Million Shares
• Genworth Financial Gets into Life Settlement Business
• Kentucky Insurance Regulator Ousted
• New Counsel for Ohio Life Settlement Broker
• Ohio House Committee Takes Up Life Settlement Legislation
• Kansas to Take Up Life Settlement Legislation
• Florida Portfolio Management Company Names President
• European Specialist Starts Life Settlement Firm
• NAIC Releases Salaries of Highest Paid Staff