Tuesday, September 15, 2009
Settlement executives comment on Times article
Focus is on securitizing life policies - A New York Times article comparing the bundling of life insurance policies to the packaging of mortgage-backed securities is generating quite a bit of notice in the life settlement industry.
The article in the September 6, 2009 Times reports that investment banks such as Credit Suisse Group bundle life insurance policies into bond-like investments in an effort to spread risk and attract institutional buyers and other investors...
National Underwriter: Settlement executives comment on Times article
The article in the September 6, 2009 Times reports that investment banks such as Credit Suisse Group bundle life insurance policies into bond-like investments in an effort to spread risk and attract institutional buyers and other investors...
National Underwriter: Settlement executives comment on Times article