Key players in the settlement market say that a securitization of a life settlement portfolio with $8.4 billion in death benefits by AIG could bode well for the market.

They hope the deal will encourage new investors to step into the niche and help the market grow, especially at a time of scarce capital.

I am not 100% sure but this portfolio sounds like the one put together by Coventry.

We will post more details when we receive them.