Register for ELSA’s Spring 2018 Symposium

ELSA’s Spring 2018 Symposium took place on Thursday 24th May at 25 Churchill Place, Canary Wharf, London E14 5EY.

The Symposium saw discussions on the trends, challenges and opportunities for investors in the European life settlement market in 2018 and beyond.

To view the full agenda, please click here.

For information on all of our speakers, please click here.

The full presentations can be viewed below:

Keynote Speaker:
Gareth Mee, Partner – EY

Gareth covered the investors’ perspective of the current ILS market. He considered the opportunity for European investors to gain access to life settlements and other insurance linked securities, covering common structures and challenges for investors. Click here to view the presentation.

Panel Discussion: New Expectations: The Impact of TCJA and EU regulatory changes on market participants:
Jule Rosseau, Partner –  ArentFox; Ailish Finerty, Partner – Arthur Cox; and Jonas Martenson, Director – Ress Capital

The session saw a discussion on the current developments in US and Ireland, focusing on the the following key areas:

  • COI litigation and recent announcements
  • Tax law changes in US impacting the market
  • Current litigation issues that may help resolve due diligence questions

Click here to view the presentation (part one / part two).

 

Academic Presentation: Saving Face: The Hidden Crisis for Life Insurance Policyholders
Jiahua (Java) Xu, Project Manager and Research Associate – University of St. Gallen

With a combined face value of terminated life insurance policies exceeding two trillion dollars each year over the last decade, the untapped potential of the U.S. life settlement market is remarkable. Demonstrating that life settlements benefit policyholders, the presenter suggests a mandated mark-to-market treatment for life insurance policies that would increase the size and
consequently the liquidity of this market. Through modelling the demand-supply dynamics, the presenter maps out how the inclusion of the mark-to-market provision in a policy contract will affect the utilitarian welfare of participants across the entire insurance industry. Click here to view the presentation.

 

 

 

With thanks to our hosts Ernst & Young.