The Life Settlements Report - February 21, 2008

The demands of pension funds and other large investors are driving investment banks and institutional funds to embrace synthetic products tied to life settlements at a suddenly accelerating rate. Full Story

Legislator Irate about Survey Abuses

A California state senator, irate about abuses in the life settlement market, says he may introduce legislation to rein in what he considers practices harmful to senior citizens. Full Story

The life settlement industry may turn the tables on the life insurance industry and begin to scrutinize its business practices, if the life insurance industry wins its bid to switch from decades-old statutory reserving to principles-based reserving (PBR). Full Story

• Study Says Aging Population Prompts Need for Mortality Information
• J.G. Wentworth Life Settlements Gets Licenses in Ohio, Georgia
• Asset Servicing Group Agrees to Manage 7,500 Policies
• Life Partners Hires New CFO
• Kentucky House Passes Bill Based on NCOIL Model Act
• Nebraska Legislative Committee Approves Five-Year Ban
• Maine May Consider Compromise Legislation
• North Dakota Insurance Commissioner Announces Candidacy
• NAIC, NCOIL Oppose Federal Optional Charter
• Genstar Capital Promotes Clark to Principal
• Morrison & Foerster Hires Capital Markets Partner in New York
• Ritchie Announces Settlement with Regulators on Mutual Fund Trading