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Society of Actuaries An Inside View of Life Settlements (Session 138 PD). Michael L. Frank – Aquarius Capital New York City November 16, 2005. Types of Services. Actuarial Valuations Development of Pricing Models Portfolio Valuations Brokering & Consulting
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Society of ActuariesAn Inside View of Life Settlements(Session 138 PD) Michael L. Frank – Aquarius Capital New York City November 16, 2005
Types of Services • Actuarial Valuations • Development of Pricing Models • Portfolio Valuations • Brokering & Consulting • First Time Life Settlement Policies • Intermediary Services for Portfolios • Product Development Consulting • Financing
Organizations in Life Settlements • Client - Insured, Policyholder & Beneficiaries • Referring Party • Life Settlement Broker • Life Settlement Provider • Life Settlement Funder • Reinsurers • Medical Underwriting
Opportunities Resulting from Disputes • Evaluate a portfolio in receivership • Actuarial valuation • Intermediary services • Provide opinions on insurance practices • Handle quantitative analysis to measure disputes • Disputes at different levels of the life settlement “food chain”
Thank you Michael L. Frank, ASA, MAAA, FCA President & Actuary Aquarius Capital Phone: (914) 933-0063 E-Mail: michael.frank@aquariuscapital.com Websites: www.aquariuscapital.com & www.aquariuslife.com