In this article, we comprehensively analyze open‐end funds dedicated to investing in US
senior life settlements. We begin by explaining their business model and the roles of …

A method of funding and managing at least one fund of a plurality of diverse life insurance
policies issued by a plurality of investment grade carriers, the at least one fund providing …

This article examines the formation of efficient portfolios using mutual funds that invest in life
settlements in combination with fixed-income and equity index funds. We investigate the …

Life settlements have attracted increasing attentions of investors and scholars. This paper
extends the literature by conducting the first analysis of life settlements as a hedging vehicle …

A method of funding and managing a fund of diverse life insurance policies issued by
investment grade carriers, the fund providing enhanced risk adjusted investment return. The …

During the economic crisis of 2008, the global economic system came under tremendous
stress due to unusually high activity in the risk spread and volatility in the financial asset …

The author presents an actuarial prognostic model that can disentangle and assess two
complementary modules of longevity risk for death bonds. He tracks the probable paths over …

Life settlement, a transaction whereby the policyholder of a life insurance policy sells the
future proceeds of the policy to a third party investor, has established itself as a legitimate …

Longevity risk, the risk that a member of a pension plan or an annuity holder lives much
longer than anticipated, can cause shortfalls in funding for writers of insurance policies …

[eng] This thesis focuses on a new market where the policyholder can sell his life insurance
policy by hiring two kinds of contracts: a Viatical if the insured is a terminally ill person or a …