The question was: Which one of the following factors is not expected to occur in life settlement business in the 2nd half of 2008?
a) New mortality tables
b) Securitization of the asset class
c) Alleviation of issues associated with the subprime crisis
d) Reduced education about settlements
e) Regulatory focus on stranger-originated life insurance
The answer is: d). "Reduced education about settlements" is not expected to occur in the last half of 2008. In fact, because of all the other changes the industry is facing, education of the public and the industry about life settlements will need to continue, writes Larry Simon in an August 4, 2008 article in National Underwriter Life & Health. Simon is president and chief executive officer of Life Settlement Solutions, Inc., San Diego, Calif. Read his commentary on this and other trends here.
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