Firm’s administrator to negotiate emergency loan for stricken Keydata business to prevent portfolio from insolvency. KPMG’s Eric Collard will this morning (June 27) arrive in London to hold crunch talks with the Financial Services Compensation Scheme (FSCS), over an emergency loan for stricken Keydata firm Lifemark. Luxembourg-based Mr Collard is to discuss the terms of a proposed $10m (£6.3m) stopgap solution to keep Lifemark’s portfolios of traded life settlements from collapsing into insolvency.

ATLANTA (AP) — Americans are living longer, but not in every corner of the country. A new study shows that in hundreds of U.S. counties — mostly in the South — life expectancy has fallen. The researchers believe problems like smoking and obesity are partly to blame. “There are enormous variations within the country” said Dr. Christopher Murray, a University of Washington researcher. He’s a study author and an editor of the online journal, Population Health Metrics, which released the study Wednesday.

(Reuters) - Life Partners Holdings Inc said it received an amended Wells Notice from U.S. regulators, which includes allegations on disclosure regarding its accounting policies and practices. Last month the company, which is active in the secondary market for life insurance, had received a Wells Notice in May for proposed civil action related to accuracy of estimates of life expectancies of settlers.

NEWARK, N.J.—(BUSINESS WIRE)—Prudential Retirement announced today the successful completion of its first longevity reinsurance transaction. Under the terms of the transaction, Prudential Retirement will provide reinsurance of longevity risk to U.K.-based Rothesay Life, a wholly-owned subsidiary of The Goldman Sachs Group, Inc., initially covering pension account values of GBP 100 million, approximately equal to $160 million U.S. dollars. Prudential Retirement is a business unit of Prudential Financial, Inc. (NYSE: PRU).

(Reuters) - Agents with the Labor Department visited the offices of a Connecticut life settlement investment firm on Friday seeking information as part of an investigation, according to two sources.

Today is Friday the 13th and the date that is so often associated with bad luck proved so again for Life Partners Holdings, Inc.  The company’s stock, which trades under the ticker LPHI, plummeted following the filing of an 8-K stating that they had received a “Wells notice” from the SEC on May 9th.

Washington, D.C. -– In October of 2010 LEPr announced the formation of a focus group that would be creating best practices standards to the life settlement and longevity markets.

The European Life Settlement Association has elected the following officers at its Annual General Meeting:

MT. KISCO, N.Y., March 7, 2011 /PRNewswire via COMTEX/—Chronos Life Group today announced the recent acquisition of J.P. Morgan’s life settlements assets and a majority stake in Life Equity LLC, a prominent originator and servicer of life settlements. With these acquisitions, Chronos is acquiring a high quality portfolio of life settlements with an aggregate face value of approximately $1 billion. The life settlement portfolio will be managed by Chronos’ asset manager, Chronos Investment Advisors.

New York, NY, December 1, 2010 – Proverian Capital, LLC (“Proverian”) announces that it is now buying life settlement policies for a large financial institution. Proverian was founded in 2005, and has established itself as a leader in the secondary life insurance market.

The Crump Group, which includes a life settlement brokerage, is being sold to BB&T, a Raleigh, N...

Date: Mon, 06 Feb 2012 06:20:00 PST

Coventry laid off about 12% of its 300-employee workforce, most of them in its life settlement busin...

Date: Fri, 03 Feb 2012 02:46:17 PST

As bondholders prepare to vote on an orderly wind-down of Lifemark, the life settlement bond company...

Date: Thu, 02 Feb 2012 11:07:00 PST

New Jersey Gov. Chris Christie has nominated Ken Kobylowski as the state's insurance and banking com...

Date: Wed, 01 Feb 2012 11:29:12 PST

A Nevada federal court case holding that insurers can retain premiums in a stranger-originated life ...

Date: Wed, 01 Feb 2012 10:29:10 PST

Jeff Mulholland, former chairman and chief executive of Insurance Capital Markets who joined Societe...

Date: Wed, 01 Feb 2012 10:16:28 PST

Secondary market players who remain after the contraction that began more than three years ago are s...

Date: Wed, 01 Feb 2012 10:12:37 PST

Jonathan Neuman, president and chief operating officer of Imperial Holdings, has taken a voluntary f...

Date: Wed, 01 Feb 2012 07:02:00 PST

ARM Asset-Backed Securities has received other proposals for its $320 million life settlement portfo...

Date: Mon, 30 Jan 2012 12:48:51 PST

A proposal for Insetco, a relatively new market player, to acquire the troubled ARM Asset-Backed Sec...

Date: Mon, 30 Jan 2012 05:35:00 PST

Vespera Life, which obtained a provider's license from Florida in February 2011, said it plans to bu...

Date: Thu, 26 Jan 2012 04:57:00 PST

Brian Pardo, chief executive of beleaguered Life Partners Holdings, and Scott Peden, general counsel...

Date: Thu, 26 Jan 2012 04:24:00 PST

As the Financial Services Authority's formal public comment period on whether to ban life settlement...

Date: Wed, 25 Jan 2012 05:02:00 PST

Monarch Alternative Capital, a New York-based buyer of distressed assets, has put in a winning bid f...

Date: Tue, 24 Jan 2012 10:45:48 PST

New Jersey's insurance and banking commissioner, Tom Considine, plans to give up his position in Feb...

Date: Tue, 24 Jan 2012 03:38:00 PST

A California man who took out a line of credit to pay premiums on a $3 million policy that he could ...

Date: Mon, 23 Jan 2012 05:11:00 PST

Imperial Holdings, the Boca Raton, Fla., specialty-finance firm being investigated by federal author...

Date: Thu, 19 Jan 2012 11:02:34 PST

Welcome Funds, a Boca Raton, Fla.-based life settlement broker, has found an A-rated institutional b...

Date: Wed, 18 Jan 2012 06:31:01 PST

AVS Underwriting recently began giving credits in its life expectancy estimates for people taking st...

Date: Wed, 18 Jan 2012 05:44:01 PST

Two brokers charged excessive fees ranging from 17% to 36% for five variable life settlement transac...

Date: Wed, 18 Jan 2012 05:39:00 PST