Life Settlement Securitizations Under Scrutiny

October 07, 2009
The life settlement market may be poised for significant additional growth, with a rated deal rumored to be on the way and at least one rating agency focused on the asset. Some experts predict that the market, presently estimated by some to be as large as $20 billion, could grow to $500 billion in the months ahead. But while many players are looking at life settlements with renewed interest, a host of legal, business, and regulatory issues make any prediction of a life settlement securitization boom uncertain at best. This update examines certain key issues that are shaping the life settlement market.