Skip to main content

Main menu

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JSF
    • Editorial Board
    • Published Ahead of Print (PAP)
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

User menu

  • Sample our Content
  • Request a demo
  • Log in

Search

  • ADVANCED SEARCH: Discover more content by journal, author or time frame
The Journal of Structured Finance
  • IPR Logo
  • About Us
  • Journals
  • Publish
  • Advertise
  • Videos
  • Webinars
  • More
    • Awards
    • Article Licensing
    • Academic Use
  • Sample our Content
  • Request a demo
  • Log in
The Journal of Structured Finance

The Journal of Structured Finance

ADVANCED SEARCH: Discover more content by journal, author or time frame

  • Home
  • Current Issue
  • Past Issues
  • Videos
  • Submit an article
  • More
    • About JSF
    • Editorial Board
    • Published Ahead of Print (PAP)
  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

A Provider’s Reflection from Inside the Life Settlement Industry: Understanding the Chaotic Environment

Craig L Seitel
The Journal of Structured Finance Summer 2009, 15 (2) 70-73; DOI: https://doi.org/10.3905/JSF.2009.15.2.070
Craig L Seitel
is the CEO at Abacus Settlements, LLC in New York, NY.
  • Find this author on Google Scholar
  • Find this author on PubMed
  • Search for this author on this site
  • For correspondence: cseitel@abacussettlements.com
  • Article
  • Info & Metrics
  • PDF (Subscribers Only)
Loading

Click to login and read the full article.

Don’t have access? Click here to request a demo 
Alternatively, Call a member of the team to discuss membership options
US and Overseas: +1 646-931-9045
UK: 0207 139 1600

Abstract

Now nine years into its life cycle, the life settlement industry is no longer a fledgling, early-stage sector of the financial community. Regulated by 30 state insurance departments (including Puerto Rico) and, in part, the Financial Industry Regulatory Authority (FINRA), this industry has validated itself by creating a secondary market for life insurance policies to the benefit of consumers as well as an asset class for investors that is uncorrelated with the credit and investment risk of the typical money manager’s portfolio. That said, the second half of 2008 through 2009 thus far has proven to be the most challenging of times this industry has experienced. For reasons brought about by the global economy as well as reasons indigenous to this industry, the life settlement community finds itself in a state of chaos. This article reviews the reasons behind such turmoil and examines the confluence of external and internal forces resulting in this financial perfect storm. It also explores the potential remedies and other factors that provide hope that this industry will not only survive, but prevail, in the long run.

TOPICS: Financial crises and financial market history, legal and regulatory issues for structured finance

  • © 2009 Pageant Media Ltd
View Full Text

Don’t have access? Click here to request a demo

Alternatively, Call a member of the team to discuss membership options

US and Overseas: +1 646-931-9045

UK: 0207 139 1600

Log in using your username and password

Forgot your user name or password?
PreviousNext
Back to top

Explore our content to discover more relevant research

  • By topic
  • Across journals
  • From the experts
  • Monthly highlights
  • Special collections

In this issue

The Journal of Structured Finance: 15 (2)
The Journal of Structured Finance
Vol. 15, Issue 2
Summer 2009
  • Table of Contents
  • Index by author
Print
Download PDF
Article Alerts
Sign In to Email Alerts with your Email Address
Email Article

Thank you for your interest in spreading the word on The Journal of Structured Finance.

NOTE: We only request your email address so that the person you are recommending the page to knows that you wanted them to see it, and that it is not junk mail. We do not capture any email address.

Enter multiple addresses on separate lines or separate them with commas.
A Provider’s Reflection from Inside the Life Settlement Industry: Understanding the Chaotic Environment
(Your Name) has sent you a message from The Journal of Structured Finance
(Your Name) thought you would like to see the The Journal of Structured Finance web site.
CAPTCHA
This question is for testing whether or not you are a human visitor and to prevent automated spam submissions.
Citation Tools
A Provider’s Reflection from Inside the Life Settlement Industry: Understanding the Chaotic Environment
Craig L Seitel
The Journal of Structured Finance Jul 2009, 15 (2) 70-73; DOI: 10.3905/JSF.2009.15.2.070

Citation Manager Formats

  • BibTeX
  • Bookends
  • EasyBib
  • EndNote (tagged)
  • EndNote 8 (xml)
  • Medlars
  • Mendeley
  • Papers
  • RefWorks Tagged
  • Ref Manager
  • RIS
  • Zotero
Save To My Folders
Share
A Provider’s Reflection from Inside the Life Settlement Industry: Understanding the Chaotic Environment
Craig L Seitel
The Journal of Structured Finance Jul 2009, 15 (2) 70-73; DOI: 10.3905/JSF.2009.15.2.070
del.icio.us logo Digg logo Reddit logo Twitter logo Facebook logo Google logo LinkedIn logo Mendeley logo
Tweet Widget Facebook Like LinkedIn logo

Jump to section

  • Article
    • Abstract
    • PROBLEM 1: THE EFFECT OF GLOBAL FINANCIAL CRISIS
    • PROBLEM 2: ADJUSTED LIFE EXPECTANCY MODELS
    • PROBLEM 3: ARE SETTLEMENTS TRULY UNCORRELATED?
    • CONCLUSION: THIS STORM IS PASSING
    • ENDNOTE
    • REFERENCES
  • Info & Metrics
  • PDF (Subscribers Only)
  • PDF (Subscribers Only)

Similar Articles

Cited By...

  • Analyzing the Different Modules of Longevity Risk in Death Bonds
  • Google Scholar
LONDON
One London Wall, London, EC2Y 5EA
United Kingdom
+44 207 139 1600
 
NEW YORK
41 Madison Avenue, New York, NY 10010
USA
+1 646 931 9045
pm-research@pageantmedia.com
 

Stay Connected

  • Follow IIJ on LinkedIn
  • Follow IIJ on Twitter

MORE FROM PMR

  • Home
  • Awards
  • Investment Guides
  • Videos
  • About PMR

INFORMATION FOR

  • Academics
  • Agents
  • Authors
  • Content Usage Terms

GET INVOLVED

  • Advertise
  • Publish
  • Article Licensing
  • Contact Us
  • Subscribe Now
  • Log In
  • Update your profile
  • Give us your feedback

© 2022 Pageant Media Ltd | All Rights Reserved | ISSN: 1551-9783 | E-ISSN: 2374-1325

  • Site Map
  • Terms & Conditions
  • Cookies
  • Privacy Policy