Life Settlements in the Media

05/05/14 - California Couple Sues Lincoln National

In January, a Rancho Mirage couple filed a class-action lawsuit against Lincoln National Life Insurance Company for failure to disclose the life settlement option. A U.S. District Court filing in Riverside County reveals allegations of fraud, elder abuse, and unfair and fraudulent business practices, and seeks punitive damages and injunctive relief on behalf of the class. READ MORE >>

03/08/14 - Apollo Wins Auction for $4.2 Billion in Face Amount

According to The Deal’s Life Settlement Report, Apollo Global Management, LLC (NYSE: APO) has made its second major portfolio purchase in less than eight months, beating out Blackstone Group LP and Monarch Alternative Capital LP for the $4.168 billion Fortress Investment Group LLC portfolio. READ MORE >>

03/08/14 - Life Settlements Start 2014 Strong

AA-Partners, Ltd., a life settlement consulting firm for institutional clients, reports that January’s market activity was much stronger than that of the year-ago period, with significant volume upticks across all market segments in both the secondary and tertiary markets. READ MORE >>

12/15/13 - Life Settlement Market Update

Market activity in the life settlement space continues unabated. Below please find a brief recap of some of the more noteworthy developments in Q4.READ MORE >>

10/13/13 - Regulatory Merger in Sacramento

In 2012, Governor Jerry Brown introduced a broad plan to improve governmental efficiencies in California. Pursuant to his plan, the California Department of Corporations, which formerly regulated fractional life settlements, has merged with the Department of Financial Institutions to become the Department of Business Oversight. READ MORE >>

10/09/13 - Life Settlement Market Update

Appetite for longevity-linked assets continues unabated. According to The Deal’s Life Settlements Report, market activity in September included McKinsey & Co.’s winning bid for the $135 million Quality Investments BV portfolio. READ MORE >>

08/01/13 - Berkshire Hathaway Strikes Again

According to The Deal’s Life Settlement Report, Warren Buffett’s Berkshire Hathaway Life Insurance Company confirmed the purchase of a $300 million life settlement portfolio in July. READ MORE >>

5/10/13 - Life Settlements are Good for Consumers and Investors – Empirical Study by The London Business School

In recent years, a secondary market for life insurance policies, known as the life settlement market, has developed in the United States. This market enables policy owners wishing to discontinue their life insurance policies to realize the market value of their policies.READ MORE >>