Here are some upcoming events for the Life Settlement Awareness Month.

• June 8 – Qualified Participants Only Part 1 – Current Opportunities and State of the Market
• June 16 – Broker Panel: Understanding Providers and Brokers
• June 22 – The Life Settlement Marketplace – Regulatory Climate; Market Trends
• June 24 – Qualified Participants Only Part 2 – Portfolios, Securitization, Settlement Allocation impact on overall Portfolios

Previous events include:

• June 1 – Fundamentals of Life Settlements
• June 3 – Advanced Strategies and Case Studies

I am pretty sure these past events will be available in some type of media forum.

Events are open to financial and insurance professionals, and qualified institutional participants of all experience levels. To register, visit the events page of www.lifesettlementawarenessmonth.com, or contact Angie Robert at arobert@lifefirms.com.

J.P. Morgan is getting out of the life settlement market, a person familiar with the company said.

The person told The Life Settlements Wire that J.P. Morgan expects to wind down its operation over the next few months.

J.P. Morgan is the second major investment bank to exit the market in recent months. Goldman Sachs said it was leaving the market in January, disappointed in its lack of growth.

J.P. Morgan had entered the business around 2007. It had a smaller operation than its competitors, employing fewer than 10 people in its life finance business, the person familiar with the company said.

Rob Finfer, chief executive of Bethesda, Md.-based life settlement broker Integrity Capital Partners said he hasn’t seen J.P. Morgan purchasing policies for at least a year.

Source: Life Settlement Wire

These LE tables can be helpful for both professional and consumers, and can assist with match expectations of offers.

Life Expectancies and the proper LEs used to reflect actual-to-expected ratios has been a huge issue for the industry for over a year. A Task Force was appointed to examine the issue and a subgroup of that Task Force developed eight new tables that were approved by the Board of Directors last month.

LISA points out that the base mortality tables are to be used as the standard base tables for use in calculating the actual/expected experience ratios of LISA member company’ underwriters. The tables are not designed for use for any other purpose, and no one should feel that these tables are appropriate for other purposes.

The tables are now available on the Life Insurance Settlement Association website (TheVoiceOfTheIndustry.com) at:
LISA Actuarial Tables