Life settlements: Investment opportunity or irrational exuberance?

Life settlements and stranger-originated life insurance (STOLI) are hot topics in today’s life insurance industry. Writing in PricewaterhouseCoopers' Insurance Digest, Mary Bahna-Nolan, Larry Rubin, Steven Siow and Selina Wang describe what life settlements are and how they came about. We discuss how life settlements impact the business of life insurance, and what life insurance companies are doing in response to the demand for these secondary life insurance market instruments.

http://www.pwc.com/en_GX/gx/insurance/pdf/americas_insurance_digest0808.pdf

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