Viatical Settlements

  • Life Settlements
  • NAIC Viatical Settlement Working Group
  • 2003 0515 - GOV (House) - Retirement Security: What Seniors Need to Know About Protecting Their Futures, Richard H. Baker (R-LA)  ---  [BonkNote]
    • NAIFA - Testimony - David F. Woods, CEO, National Association of Insurance and Financial Advisors - 21p
  • 2005 - LR - Viatical Settlement Industry: Does Mutual Benefits Render It Terminal?, by Florence Bih Shu-Acquaye & Elisabeth Divine Reid - 63p
  • Thomas Moran, who works for The Heritage Group, stated at the NAIC Viatical Settlement Working Group meeting on March 8: “The biggest problem the viatical provider companies are having is incorrect life expectancies…People are living too long…As a result the problem manifests itself in the premium reserve diminishing too fast and the money is not there to pay premiums.”

https://www.soa.org/globalassets/assets/library/newsletters/actuary-of-the-future/2003/october/afn-2003-iss15-winer.pdf