AIG Suing Partner in ‘Life Settlement’ Investments – WSJ

AIG Suing Partner in ‘Life Settlement’ Investments – WSJ.

The life-settlements market suffered during the 2008 financial crisis when lending dried up for hedge funds. While many other investment markets have since recovered, the life-settlements market has remained depressed as life expectancies used by investors to gauge potential returns have repeatedly proved wrong; many people who sold their policies are living longer than investors anticipated.

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