Life Settlement Solutions seeing increased interest in life settlement asset class in buyer's market
By Larry Simon
Life Settlement Solutions
SAN DIEGO--Jan. 26, 2009 - Tumultuous economic conditions and widespread financial asset devaluations have led many investors to seek alternative asset classes with more stable returns that are not directly correlated to traditional markets.
As a result, Life Settlement Solutions, Inc. (www.lss-corp.com), a leading life settlement provider in the United States with extensive state licensing (including key regulated states like Florida), is seeing increased interest from investors worldwide in life settlement investments. In addition to being in an alternative asset class, life settlements have historically offered investors attractive returns on receivables backed by the credit rating of the insurance carriers issuing the underlying insurance policies.
"The financial crisis in late 2008 resulted in asset devaluations and investment losses on a broad scale that we haven't seen in our lifetimes," said Larry Simon, president and CEO, Life Settlement Solutions, Inc. "This has caused institutional investors around the globe, including household-name investment banks, hedge funds, pension plans, major foundations and endowments, and insurers, to explore alternatives, including life settlements.
"The liquidity crunch has decreased the capital available in the life settlement marketplace, which we believe has depressed prices and created one of the best buying opportunities for investors that this industry has experienced. As a result, 2009 is a very opportunistic time for new investors to enter the settlements market and for seasoned life settlement investors to re-enter the market place. As the market evolves, Life Settlement Solutions remains well positioned to continue to be an industry leader. We have re-doubled our efforts and focus to provide the most comprehensive capabilities and best service to institutional investors in the areas of life settlement portfolio origination, portfolio transactions and servicing, and we offer a very competitive fee structure."
Simon added that to accommodate the increased interest and to help familiarize institutional investors worldwide with the life settlements market, Life Settlement Solutions' affiliate, Life Solutions International, LLC, will be hosting the first ever Insurance-Linked Investments Awareness Month (ILIAMSM) in February 2009 to provide comprehensive educational information to institutional investors from all sectors.
All web-based events held during ILIAM are free to attend. For information about the schedule of ILIAM events or to register, contact Angie Robert at 858/576-8067 or firstname.lastname@example.org.
Life Settlement Solutions, Inc. is one of the leading settlement providers in the United States and is widely recognized as an industry leader due to its track record of transacted business, servicing capabilities, due diligence, distribution network, and institutional/capital markets network. LSS provides superior service for settlement purchase programs including custom tailored managed accounts as well as portfolio transactions (buy/sell) and servicing. For more information, visit www.lss-corp.com.
The web-based events referenced herein are not intended for consumers or sellers of life settlements and should not be viewed by anyone that is not an "Accredited Investor" as defined under Rule 501 of Regulation D promulgated under the Securities Act of 1933, as amended.
This release is not, and should not be construed as, a solicitation to buy or sell any securities, and neither LSS nor Life Solutions International, LLC nor their respective affiliates (collectively, "LSI") provide legal accounting or tax advice. The information and concepts presented in the web-based events are intended to afford general information on the life settlements industry. LSI does not provide advice with respect to the value or suitability of any particular portfolio of life settlements, transactions, investment strategies or other matters. Nothing contained herein constitutes a recommendation to buy, sell or hold a life settlement, portfolio of life settlements, or any other asset or security.
Life Settlement Solutions, Inc.
Angie Robert, 858-576-8067