Insurance and Financial Advisor

By: Bob Graham

A new policy statement from a life insurers’ group, suggesting that the securitization of life settlements needs to be regulated, has sparked a sharp response from a life settlement trade group.

The American Council of Life Insurers (ACLI), representing nearly 300 companies providing life insurance, recommended that the securitization of life settlements “be prohibited by legislation or regulation.”

http://ifawebnews.com/2010/02/09/life-insurers-life-settlement-group-spar-over-securitization/

Published on 09 Feb 2010 at 09:33 pm