It is clear that the Life Insurance industry has been re-invented with the advent of the life settlement marketplace. This secondary market has grown exponentially over the last few years, and has transformed in to a reputable institutionally driven forum to sell in force life insurance policies. Although the growth of this marketplace is staggering as reported in Bernstein Research Study, we are still in the infancy of this cycle. The Bernstein Study also reports that the Life Settlement business will grow more than ten-fold to $160 billion over the next several years.

At present, there is roughly $25 billion of total in force settlement business. Yet, as settlements become part of our business culture, it is estimated that this market will surpass earlier forecasts and exceed $300 billion in face amount settled over the next decade. With this in mind, it is important to take note that the target market for life settlements (i.e., individuals above age 65) should grow by 90% over the next 25 years, more than 3x the 23% growth rate of the total U.S. population.