Fasano Associates announced the development of multiple mortality tables that will be a function of the overall
mortality rating of the individual to be reviewed.
(Press Release)
Welcome
FASANO ASSOCIATES is UNDERWRITING CENTRAL.
Our goal is to be simply the best at what we do.
Our specialties include:
- Life Settlement Underwriting
- Life & Health Underwriting
- Annuity Underwriting
- Expert Witness Testimony
Past Events - November 5, 2008 - 5th Annual Life Settlement Conference Tops 325
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Fasano Proposes Best Practices for Life Expectancy Underwriters at its Fifth Annual Life Settlement Conference
Washington, DC, November 6 -- (Businesswire) -- Michael Fasano, President of Fasano Associates, proposed Best Practices standards for Life Expectancy Underwriters to more than 300 industry participants attending Fasano's Fifth Annual Life Settlement Conference. Fasano called on life expectancy underwriters to retain qualified, independent actuarial firms to conduct regular analyses of Actual to Expected accuracy in a standardized format that would allow meaningful comparisons to other life expectancy underwriters.
Said Fasano: "We need more transparency in our industry if we expect to attract investment capital. Life expectancy underwriters have taken a lot of criticism recently - some legitimate and some not. But for our industry to move forward, we have to put our performance out there for review. Investors simply will not tolerate a secretive attitude any longer."
A life settlement is the sale in the secondary market of a life insurance policy that no longer meets the needs of the policy owner. Life settlements bring together the capital and insurance markets to provide owners of life insurance competitive market values for their policies.
Additional presentations were made by Neil Weidner, Partner of Cadwalader, Wickersham & Taft, Alan Buerger, CEO of Coventry and Dr. John Iacovino, Medical Director of Fasano Associates. Michael Barone, Senior Writer at U.S. News & World Report and Fox Political Analyst, ended the Conference with his views on the impact of the recent elections.
Fasano Announces New Mortality Tables For Over-65 Market
New Study Reveals Actual to Expected Ratio of 96%.
A recently released study of Fasano's accuracy in estimating life
expectancies revealed an actual to expected ratio of
96%. The study covered over 20,000 cases evaluated from
the beginning of Fasano's life expectancy business in
2001 until the end of 2005.
(Press
Release)
Upcoming Speaking Engagements
- Michael Fasano, Hasan Qureshi, and Dr. David Vaughan will be speaking at the 5th Insurance Linked Securities Summit which will be held January 28 - 30, 2009 in New York City. Their topic will be about Clinical Perspectives on Investment Risk for Life Settlement Portfolios. For more information, go to the Summit website.
Past Speaking Engagements
- Michael Fasano spoke at the Workshop on Insurance-linked Security on October 31, 2008. The workshop took place at the Imperial College in London, UK. Mr. Fasano's topic was on the ILS and Securitization of Insurance Product Cash Flows. If you are interested in receiving a copy of Mr. Fasano's presentation, please contact us.
- Michael Fasano and Hasan Quershi spoke at Fasano Associates' 5th Annual Life Settlements Conference on November 5, 2008. Their topic was on Life Expectancy Estimates and Issues as to Methodology and Performance Measurement. If you are interested in receiving a copy of Mr. Fasano's presentation, please contact us.
- Michael Fasano and Hasan Quershi hosted a workshop at the Dealflow Media Conference in Las Vegas which examined the 2008 VBT Table. The event took place on September 23 - 25, 2008. If you are interested in receiving a copy of Mr. Fasano's presentation, please contact us.
- Michael Fasano, Al Mayer, and Hasan Quershi spoke at the LISA Service Providers Forum on the methodologies of underwriting life expectancies. The conference took place in Orlando, Florida on August 6, 2008. If you are interested in receiving information regarding their presentation, please contact us.
- Michael Fasano spoke at the Bermuda Insurance Linked Conference. His topic was on “Pricing Life Settlements Securities.” The conference took place July 16th - 18th in Southhampton Bermuda. If you are interested in receiving a copy of Mr. Fasano's presentation, please contact us.
- Michael Fasano spoke at LISA's 14th Annual Spring Conference. His topic was “Impact of 2008 VBT on Life Expectancies.” This conference took place May 14th - 16th in Washington D.C.. If you are interested in receiving a copy of Mr. Fasano's presentation please contact us.
- Dr. Steven Wabnitz spoke at Delaware Valley Home Office Life Underwriters Association's 16th Annual Seminar on Thursday, April 10, 2008. His topic was "Pulmonary Function Tests." If you are interested in receiving a copy of Dr. Wabnitz's presentation please contact us.
- Michael Fasano spoke on “Older Insureds and Underwriting: A Golden Opportunity” at The Life Insurance Conference on Tuesday, April 8, in Las Vegas. The Conference was sponsored by LIMRA, LOMA, the Society of Actuaries and the ACLI. If you are interested in receiving a copy of Mr. Fasano's presentation please contact us.
- On February 19 - 20, 2008, Michael Fasano spoke on the topic of "Life Expectancy: The Role of the Underwriter" at the 4th Annual Secondary Market for Life Settlement Conference in Frankfurt, Germany. If you are interested in receiving a copy of Mr. Fasano's presentation please contact us.
- Michael Fasano spoke at the 3rd Insurance Linked Securities Summit on January 29, 2008 in New York City. His topic was "Structuring and Pricing Life Settlement Securities." If you are interested in receiving a copy of Mr. Fasano's presentation please contact us.