Economist.com

Speculating on mortality is a sensitive business. So when a recent conference on the life-settlement industry—which allows global investors to bet on the life expectancy of elderly, ill and preferably rich Americans—was held underneath a Methodist hall in London, one speaker was spooked.

http://www.economist.com/businessfinance/displaystory.cfm?story_id=13832179

Published on 11 Jun 2009 at 11:02 pm