Life Settlements and TEPs

We offer consulting services concerning all actuarial and finance-related questions regarding secondary and tertiary markets for life insurance policies.

• US life settlement policies
• German traded endowment policies (TEPs)

US life settlement market – secondary & tertiary

Since 2001 we have provided consulting work to numerous international market participants concerning the following actuarial topics:

• pricing of life settlement policies
• valuation and analysis of life settlement portfolios
• portfolio management of life settlement investments
• due diligence for investors, e.g. concerning service providers (medical underwriters, settlement companies, etc.)

Overview of consulting services during purchase process

Developed methodology and tools

• a tool for pricing of life settlement policies
• a tool for portfolio valuation (NAV calculation)
• a stochastic simulation tool to conduct various analyses of life settlement portfolios
• a statistical methodology to check ex post the quality of life expectancy estimates (actual-to-expected analyses)