Interesting article regarding a life settlement fund that is recalculating their parameters based on the new mortality and updated life expectancy reports.
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But Life Settlements Wholesale Fund this month announced it had temporarily suspended withdrawals and new applications because of doubts about the valuation of its assets amid concern the US life settlements sector has based valuations on faulty life-expectancy data.
The Age believes life settlement companies in the US are examining updated mortality tables to gauge the value of investments, which will drop if it is found that people selling their life insurance policies are living longer than expected.
Related Life Expectancy news:
Life Expectancy White Paper Report
21st Services to change life expectancy determinations
Read full article:
$600 million in death fund
