Reuters

By: Agnes Crane

Life settlements, a type of life insurance-backed security, should not be compared to the failed subprime-backed products that presaged the global financial crisis, an industry body said in response to newspaper reports.

http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSL234673820091005

Published on 05 Oct 2009 at 04:18 pm