Life settlements get education committee
Investment Adviser Magazine
By: Bradley Gerrard
An education committee has been established to help bring greater transparency to the life settlements market.
The European Life Settlement Association (Elsa) has started an education committee in a bid to bring more education, transparency and provision of information to the public, media and regulators.
Life settlements, which turn US life insurance policies into tradable assets, expanded rapidly after the financial crisis due to having no correlation with market risk, as they have no stock, bond or property exposure.
Commentary from Michael Abraham:
This is good news if they deliver!
Published on 06 Jul 2010 at 05:28 am
