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Firm To Offer Regular Life Settlement Rating Reports

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NU Online News Service, April 21, 2005, 2:03 p.m. EDT

A German rating agency says it is setting up a life settlement market analysis service aimed at institutional investors.[@@]

The firm, Scope Advisory GmbH, Berlin, already has been issuing occasional rating reports.

The new service will offer Web access to the rating reports and additional research along with a monthly life settlement market newsletter, Scope says.

Institutional investments helped increase the face value of life insurance policies traded through the life settlement market to about $10 billion in 2004, from $3 billion in 2003, Scope says.


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