Life Settlement Index Recap - August 2011 Data

The August 2011, Amrita Life Settlement Index results were reported on Tuesday September 6th at 10:00 AM EST. The Index dropped 94.4 points to end at 1007.3 for the month. The 8.6% decline followed 5 months of consecutive index gains in demand for life insurance policies on the secondary market.

Licensed life settlement providers reported making fewer life settlement purchase offers in August versus the preceding month, while also noting an increase in the number of cases presented for consideration. In addition, respondents also closed fewer cases last month compared with July.

Demand, as recorded by the index, was buoyed by an increase in target IRR's or yields and a broadening of buying parameters. Forward looking sentiment was mixed, with providers showing a diverse outlook for their buying appetites.