Life Settlement Firm Selling Policies Back to Issuers
April 8, 2024 by Warren S. Hersch
Market Watchers Weigh In: Sources reached by Life Annuity Specialist lauded Abacus’ initiative. Wink CEO Sheryl Moore described it as a “win/win/win for insureds, Abacus and insurers.”
Ramona Neal, president of Living Benefit Review, observed that insurers have been among the biggest purchasers of life settlements. But she questions whether life settlement companies’ buying of policies with the intent of reselling selling them is good for policyholders.
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Originally Posted at Life Annuity Specialist on April 5, 2024 by Warren S. Hersch.
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