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Policy Trading System Joins BVZL

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Life-Exchange Inc. is trying to market itself in Europe.

Life-Exchange, Miami, a company that has set up an electronic trading platform for in-force life insurance policies, has joined the Bundesverband Verm?gensanlagen im Zweitmarkt Lebensversicherungen e.V., Munich, the German life settlement association.

Countries such as Germany and the United Kingdom account for a large share of life insurance premiums, and Life-Exchange hopes to tap those markets, Life-Exchange says.