Download Life Risk News Volume 3, Issue 3, March 2024

The first two weeks of March have provided new constituent developments in the UK’s pension risk transfer market as industry players compete for talent. Greg Winterton spoke to TC Jefferson, Managing Partner at executive search firm The Plenum Group and to learn more, with additional commentary from James Mullins, Head of Risk Transfer at consulting firm Hymans Robertson in Personnel Battle Heating Up As Constituents Change in Booming UK Pension Risk Transfer Market. 

The European Life Settlement Association (ELSA, publisher of Life Risk News) has recently published Selling a Life Insurance Policy: Why and How, a ‘fact sheet’ that the organisation says is designed to help investors less familiar with life settlements understand why insureds sell their policy in the first place. Greg Winterton spoke to Rob Haynie, Managing Director at life settlement broker Life Insurance Settlements and Bryan Nicholson, Executive Director at US trade group the Life Insurance Settlement Association to get their views on this topic more broadly in Drivers of Policy Sales Persistent but Bigger Picture More Interesting to Investors. 

Obesity is a factor in all of the four main non-Covid causes of deaths in the UK in 2022, but evidence has emerged that certain cohorts may in fact benefit from a certain amount of extra weight. Aaron Woolner spoke to Rahul Nawander, Medical Director at life expectancy underwriters Fasano Associates and Nicola Oliver, Director of Life and Health at longevity specialists Medical Intelligence, to learn more in Solving The Obesity Paradox, When Being Fat Is Good For You. 

Roger Lawrence, Managing Director at WL Consulting, returns with his third and final analysis piece based on the 2023 edition of the ACLI’s Life Insurance Fact Book. This time, some interesting observations specific to the life settlement industry, in Decline in US Life Insurance Policy Numbers Offset by Rising Aggregate Face Amount. 

Valuing a life settlement is a complicated process with different approaches. Beat Hess, Partner at AA-Partners, offers his thoughts on what investors should be cognisant of when discussing valuation and NAV curves with asset managers in the space in NAV Performance and Valuation Reporting Considerations in Life Settlements¹, a guest article. 

Our Q&A this month features Anna Bailey, Managing Partner at life settlement investor Chestnut Capital Management. Bailey offers her views on smaller face value policies, investor awareness and more. 

The insurtech market is in the midst of something of a maturation, but there is one corner of the space that is yet to be disrupted. Greg Winterton spoke to Brian Casey, Partner at Locke Lord to get his thoughts on the space, with commentary from Robert Le, Senior Analyst, Emerging Technology at PitchBook in Annuities Could Provide Bright Spot for Struggling Life Insurance Insurtech Market.