Despite a decrease in new life policies settled in 2009, the cumulative in-force block of settled policies will likely have an impact on some insurers and reinsurers, according to a new study by Conning Research & Consulting. 

“The life settlements industry has generally targeted a small number of insurers’ universal life policies with higher face amounts,” said Scott Hawkins, analyst at Conning Research & Consulting. “Our analysis of the targeted firms’ universal life experience indicates that we may well see a significant impact to either primary insurers, or to reinsurers to the extent that the primaries have been able to reinsure the higher face amount policies.”

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access