Archive for the ‘Releases’ Category
Friday, July 11th, 2008
Mark Ross Group
of Companies
ASFIT FORMED to STEM ABUSES AGAINST SENIORS
La Jolla, CA - July 9th, 2008 — Responding to the discovery of an elaborate conspiracy to defraud millions of dollars from senior insurance policyholders, Mark E. Ross, Chairman of the Mark Ross Group of Companies, today announced the formation of ...
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Tuesday, June 10th, 2008
June 09, 2008 10:27 AM Eastern Daylight Time
NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Life Partners Holdings, Inc.
Life Partners Holdings, Inc. (NGM:LPHI) operates as a financial services company. Its subsidiary, Life Partners, Inc. (LPI), is the oldest and one of ...
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Saturday, May 31st, 2008
ORLANDO, FL -- 05/30/08 -- The Life Insurance Settlement Association (LISA) today applauds the Ohio General Assembly for passing a comprehensive new Life Settlement Law that protects the property rights of life insurance policy owners while enacting new measures to detect, prevent, and enforce against stranger-originated life insurance (STOLI).
"Ohio lawmakers ...
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Thursday, May 29th, 2008
BETHESDA, Maryland, May 29 /PRNewswire/ --
Maple Life Financial Inc. and its affiliate MLF LexServ L.P. have been retained by the current owner of the former Ritchie Risk Linked Trading Strategies (Ireland) Ltd. life settlement portfolio to provide services with respect to the US$2.3 billion face amount of life insurance policies ...
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Tuesday, May 20th, 2008
ORLANDO, FL--(Marketwire - May 19, 2008) - On May 16th, the Life Insurance Settlement Association (LISA) successfully concluded its major bi-annual Spring Conference in Washington, D.C. The conference, one of 12 events to be hosted by LISA in 2008, drew its most diverse and engaged attendance to date. Garnering one ...
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Tuesday, May 20th, 2008
Life Settlements May Unlock Hidden Value for Creditors, Says J.G. Wentworth
BRYN MAWR, PA--(Marketwire - May 20, 2008) - Because it has been traditionally considered an illiquid financial asset, a debtor's life insurance policy typically receives little attention from many bankruptcy trustees. Due to an evolving secondary market for life insurance ...
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Monday, May 19th, 2008
TORONTO, May 7 /PRNewswire-FirstCall/ - Kingsway Financial Services
Inc. (TSE:KFS, NYSE:KFS) today announced its financial results in U.S.
dollars for the first quarter ended March 31, 2008. The Company reported a
net loss of $34.4 million or $0.62 diluted per share on a 3.4%
year-over-year increase in total revenue to ...
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Monday, May 19th, 2008
By Liam Egan
Melbourne-based fund distributor BDM Direct has been appointed to distribute US-based Life Settlements Wholesale Fund (LSWF) in Australia.
BDM’s brief from LSWF responsible entity Life Settlements Fund Limited is to drive the retail distribution of the fund in Australia via dealer groups and financial planners.
Launched in Australia in ...
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Friday, May 16th, 2008
Study by Phoenix Life Solutions, Milliman Explores Impact of
Underwriting Assumptions on Life Settlement Assets
Critical variables can skew investment performance
HARTFORD, Conn.--(BUSINESS WIRE)--Investors in settled life insurance policies need to thoroughly understand
the impact of underwriting and mortality assumptions on investment performance, according to a new analysis
issued today by Phoenix Life Solutions, a ...
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Friday, May 16th, 2008
MIAMI--(BUSINESS WIRE)--Life-Exchange, Inc., (OTCBB: LFXG - News), the nation’s leading business-to-business online exchange for the life settlement industry, announced today its financial results for the nine months ended March 31, 2008 with revenue of $1,004,984 for the period, as well as net income of $332,128 for the same nine month ...
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