Thursday, September 27, 2007
New Phoenix Unit May Try Life Settlement
A large life insurer may get into the secondary market for in-force life insurance policies.
Phoenix Companies Inc., Hartford, says it is naming John Hillman and Frank Gencarelli to run a new life solutions unit that will explore the “emerging life settlements market” and other opportunities to do more business with wealthy customers, the company says.
New Phoenix Unit May Try Life Settlement
Source: National Underwriter (subscription required)
Phoenix Companies Inc., Hartford, says it is naming John Hillman and Frank Gencarelli to run a new life solutions unit that will explore the “emerging life settlements market” and other opportunities to do more business with wealthy customers, the company says.
New Phoenix Unit May Try Life Settlement
Source: National Underwriter (subscription required)