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	ILMA Amicus Brief on Cabal Case A husband purchased a life insurance policy through a trust. The husband designated his wife as the beneficiary of the trust, making her the ultimate beneficiary of the policy. Three months after the policy was issued, the wife sold her interest in the trust to a third party. Read the Amicus Brief

	Insurable Interest after Price Dawe, Schlanger and Brasner Recent decisions from courts in Florida and Delaware have garnered significant attention and refocused the life settlement industry on the issue of insurable interest and policy origination practices. Read the Investors Note

	ILMA Continues to Expand Membership Board Approves New Charter Member and Allied Member WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) announces the expansion of their membership with the Board of Directors voting recently to accept Fortress Investment Group and Examination Management Services, Inc. (EMSI) to the not-for-profit trade association. Read the Press Release

	Trends in Cost of Insurance A life settlement is based on one fundamental item, a life insurance contract. Absent fraud, contractual limitations or carrier default, the certainty that the net death benefit will be paid out is not a matter of if, but when. Given a large and diversified pool of life settlements, an investor should be able to create a relatively predictable and low volatility return. Read the Investors Note

	ILMA Releases Investors Note on Courth of Appeals Ruling Teren Case Ruling May Have Implications for Many Pending Cases across Country WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) today released their latest Investors Note entitled “Form over Intent: Understanding the Jack Teren Insurable Interest Case.” Read the Press Release Read the Investors Note

	ILMA Welcomes Two New Allied Members Vida Capital and Silver Point Capital Join Leading Life Markets Institutional Investors WASHINGTON, D.C. – The Institutional Life Markets Association (ILMA) today welcomed Vida Capital and Silver Point Capital as “Allied Members” of the not-for-profit trade association. Read the Press Release

	As the Dust Settles in the Life Settlement Industry: A Review of Major Legal Decisions in 2010 and What's in Store for 2011 ILMA looks at several key decisions issued in 2010 and discusses what the future may hold. Read the Investors Note

	Life Settlement Provider Best Practices The Institutional Life Markets Association (ILMA) released the “Life Settlement Provider Best Practices”, a guide of minimum compliance and diligence procedures for life settlement providers. The full version of ILMA’s “Life Settlement Provider Best Practices” is available here. Read the press release.

	ILMA Commends New York Court of Appeals Ruling The Institutional Life Markets Association (ILMA) commended the New York Court of Appeals ruling on November 17, 2010, that Arthur Kramer had total discretion to name the beneficiaries of his insurance policies. The New York Court of Appeals addressed the question certified to it by the United States Court of Appeals for the Second Circuit. Click here to read ILMA’s Press Release Click here to read ILMA’s Amicus Brief Click here to read the Court’s opinion

	Agents Sued as Insurance Product Fails to Take Off By LESLIE SCISM A few years ago, Wall Street thought it had a hot new investment product, though one that was a little ghoulish. Firms would buy life-insurance policies from the elderly, take over payment of the premiums, and pool them with hundreds of other policies. Firms would then sell them to investors as notes or funds—or even securitize them in the same way home mortgages have been bundled. When the older people die, their death benefits become the payoff for investors. read more

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U.S. Securities and Exchange Commission
SEC Charges Life Settlements Firm and Three Executives with Disclosure and Accounting Fraud - CEO and General Counsel Additionally Charged With Insider Trading

Calgary Herald (Canada)
Bosses of insurance policy investment firm accused of Ponzi fraud; dozens of Albertans affected

New Model Adviser (Citywire)
The dangers of the FSA's tough new approach to products

FT Adviser
FSA's stance on life settlements under scrutiny

Money Marketing
What next after life settlements? - the dangers of blanket bans

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What is ILMA?

ILMA is a not-for profit trade association focused on the longevity and mortality-related marketplace. By creating innovative capital market solutions, ILMA members seek to expand consumer choice in one of their most important assets - their life insurance. The Association is a leader in establishing best practices and in raising awareness about this growing and vital industry.

ILMA's mission is to expand and apply capital market solutions in life insurance, educate consumers that their insurance may be a valuable asset, expand consumer choices about how to manage it, and support the responsible growth and regulation of the industry. We believe that expanded consumer choice and full disclosure of all fees is good for the consumer and for the industry.

ILMA's founding members include Credit Suisse, Mizuho International plc, Goldman, Sachs & Co, UBS and WestLB AG.