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View Full Version : New life settlement investment fund launched in Luxembourg



Claude Penland
December 19th 2010, 08:14 AM
Life settlements are interesting. Wikipedia (http://en.wikipedia.org/wiki/Life_settlement):

"A life settlement is a financial transaction in which the owner of a life insurance policy sells an unneeded policy to a third party for more than its cash value and less than its face value."

Fortress International fund (http://www.claudepenland.com/2010/12/18/fortress-international-plans-new-life-settlement-investment-fund-in-luxembourg/).