HomeCategoryInsights - Longevity Asset Advisors

No research-driven algorithm or method can generate 100 percent certainty when predicting the future. However, ISC has dedicated itself to formulating longevity risk assessments with high accuracy by collecting, distilling, organizing, analyzing, and summarizing large amounts of personalized lifestyle data and medical histories for each insured. This approach yields longevity risks that are customized for...

Imagine calling your bank and asking the customer service representative what your current balance and three most recent transactions were. You write down the responses. Then, later in the day, you can’t find the note, so you call back and ask the same questions. This time the answers you hear sound different from those you...

In our previous posts in the series, Part 1: The Urgent Need for a Life Insurance Policy Owner Bill of Rights and Part 2: Policy Owner Bill of Rights – Ensuring Equal Rights for Life Insurance Policy Owners we proposed that life insurance policy owners should have certain rights and that these rights should apply to all policy owners...

In the last three weeks, I attended two very different conferences. The first event was a first of its kind forum concerning data and analyses related to the senior living industry. During the day-long series of presentations there were two sessions that contained references to issues relevant to the concept of longevity risk and the...

In the previous post in our series, Part 1: The Urgent Need for a Life Insurance Policy Owner Bill of Rights, we proposed that life insurance policy owners should have certain rights and that these rights should apply to all policy owners equally, regardless of what type of policy owner they are. Equal Treatment for All Policy...

Today, life insurance policyholders are often faced with challenges when trying to get basic information about their policies. The process can be time-consuming, confusing, and at times, downright frustrating. This article sheds light on two such experiences, highlighting the need for a change in the industry.   The First Call: An Endless Wait and Empty...

“The time has come for senior living management teams to recognize the immense value of knowing the life expectancy of their residents.” In the life settlement sector, life expectancy analyses crafted to be individualized, rather than generalized ZIP code-based assessments, to provide critical knowledge of micro-longevity risk, rather than macro-longevity risk. By comprehending and utilizing the...

In an effort to differentiate between cohort and large population mortality information that predominates most discussions about longevity, life expectancy and other life underwriting-related topics, we have used two different terms. We use the term macro-longevity to refer to information about life expectancy involving large groups of people, the population of the United States for...

We’ve recently written about the efforts by a few life insurance companies to buy back policies from consumers using a method that circumvents existing regulations, many of which offer consumers basic protections. While these practices are essentially illegal, there is a simple straightforward solution available to life insurance companies who want to participate in the life settlement...

Recently, an asset manager asked me why the mean and median life expectancy (LE) figures in life expectancy reports seemed to have widened in recent years. The fact is we have changed nothing in our process to cause the effect this manager claimed to be observing. However, the population of insureds we underwrite is changing in that...