LifeHealthPro
by Allison Bell

Young U.S. residents could expect to live a tiny bit longer in 2010 than in 2009, but older U.S. residents probably had no such luck. Overall life expectancy increased to 78.7 years in 2010, from 78.6 years in 2009, and the overall age-adjusted death rate fell to 746.2 deaths per 100,000 people, from 749.6 deaths per 100,000 people. Continue reading…

Advisors News is featuring a piece on investing in longevity.  The article outlines how the investment class works, its opportunity for growth and the risks associated with investing n longevity.

For investors, “longevity-linked” assets have a number of advantages. They are uncorrelated with capital markets since they are a play on longevity risk – whether policyholders live longer than expected – and mortality risk – whether individuals have shorted lives than expected.

The entire articles is available HERE

21st Services announced early this week that they will employ new mortality tables to more accurately reflect advances in data gathering, analysis and assessment of seniors’ lives. Following the introduction of a new mortality table, 21st Services will effectively lengthen their life expectancy determinations. Accurate Life Expectancies remain paramount to determining a policy’s fair market value; therefore an additional LE report is still mandatory on every case. Although this is a significant shift for the life settlements, the marketplace has experienced this before, and more often than not, it results in small impacts in outlying cases. However impactful this may be, nothing can undermine the value that life settlements bring to both the financial professional and their senior clients. GWG Advantage remains confident in the asset class and the medical actuarial expertise employed.