Archive for the ‘Life Settlement Update’ Category
Newswatch: Stocks cheer a benign July; gold, dollar suffer
A modicum of confidence returned to markets in July, as U.S. and European stocks erased losses inked in the frenzy of prior months and investors took heart that slow growth is better than none at all, dumping gold and the U.S. dollar in light of this more sanguine view.
Lifemark Is Still Working on Restructuring Deal with CarVal
Luxembourg life settlements company Lifemark is still working on a restructuring deal with hedge fun…
Newswatch: U.S. stocks slump as growth figures disappoint
U.S. stocks fall Friday after government data showed economic growth slowed in the second quarter, though they regain some lost ground after better-than-expected reports on consumer confidence and manufacturing.
Newswatch: GDP slows in second quarter to 2.4% rate
The U.S. economy lost momentum in the second quarter of the year, according to figures released Friday, which may raise concerns of an extended soft patch if not an outright contraction.
Coventry Capital Plans to Invest in SL Investment Fund, Publication Says
Coventry Capital plans to originate policies and invest in a fund managed by SL Investment, a U.K. …
California Insurance Department Issues Final Rules for New Law
The California insurance department's final emergency regulations to enact the state's new life set…
ASG Is Servicing Retirement Value's $104M Portfolio
Asset Servicing Group said in a statement today that it was chosen by Retirement Value's court-appoi…
Personal Finance Daily: Better stay healthy or you could pay at work
Almost half of large U.S. companies say they now use, or they plan to use, financial penalties against employees who don’t participate in certain health programs, according to survey cited by MarketWatch contributor Marla Brill in her story today.
Insurer's Policy Transfer Ban Shocks Market
An insurance company's edict that insurable interest is required on policy transfers violates long-s…
Bank Foreclosures on the Rise
There may be a wave of bank foreclosures and life settlement auctions that could supply the tertiary…