Fasano Associates announces their 7th Annual Life Settlements Conference to be held on October 18, 2010. The conference will take place at Fasano's headquarters: NAHB Building, 1201 15th Street Street, NW, Washington, DC 20005. For more information, registration details, and the Super Early Bird special, please go to the registration page.
Proud member of:
(LISA Board Member)
Welcome
FASANO ASSOCIATES is UNDERWRITING CENTRAL.
Our goal is to be simply the best at what we do.
Our specialties include:
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
Why should you consider Fasano Associates for your Life Settlement Underwriting?
- 96% Actual to Expected Ratio
- 22 Physicians with unique clinical and insurance experience
- We currently have a three day turn around for Life Expectancy submissions. This is a high standard in the Life Settlement industry.
If you are interested in obtaining a Life Expectancy Report from Fasano Associates, please contact us.
Upcoming Events - October 18, 2010 - 7th Annual Life Settlements Conference
LISA Adopts Best Practices for LE Providers
LISA Board Member, Mike Fasano, announced the adoption of Best Practices for Life Expectancy Providers at the 2009 Fall LISA Conference. Fasano chaired the LISA Taskforce that developed Best Practices. Other Task Force members included AUS, AVS, EMSI, ISC and 21st Services. Fasano had initially called for Best Practices for LE Providers at the 2008 Fasano Life Settlement Conference. Said Fasano: "Best Practices will increase transparency among the LE Providers and should help to restore investor confidence in our industry. We still need to agree upon a common mortality table to use in our Actual to Expected calculations, but we have clearly established a good framework for such analyses. Best Practices Update
Upcoming Speaking Engagements
- Michael Fasano will be a presenter at the BVZL International Summit on Secondary Markets for Life Insurance, being held in Berlin, Germany, March 2-3, 2010. The presentation will focus on Best Practices and Trends in Life Expectancy Underwriting. His discussion will include the history of life expectancy spreads, how underwriting changes impact the longevity market, and the need for granularity and alignment of interests among all parties involved in life settlements. Conference Registration and Other Information
- Several Fasano Associates will share their life settlement expertise as presenters
during the National Underwriters’ 3rd Annual Life Settlement Summit on March 11-12, 2010, in Miami, FL.
Michael Fasano, President, will moderate a panel of industry longevity experts in a discussion about longevity trends and the potential impact from genetic innovations and other possible breakthroughs in the pipeline that could dramatically affect the future of the secondary life sector. Fasano Associates’ Medical Director, Dr. John R Iacovino, will also participate on the panel. In addition, Fasano Associates’ Actuary, Hasan Qureshi, will take part in a panel discussion entitled "Inside the Debit Manual: The Mechanics of Life Expectancy". The panel will show how life settlement underwriters arrive at their estimates of an insured’s life expectancy, and answer the questions, "How well does an underwriter risk manage to avoid over-debiting? How good is the available research?"
SPECIAL NOTE: Fasano Associates’ clients will enjoy a Summit registration discounted rate of $500 (the standard rate is $1295). To register from the Fasano website, click on the 3rd Annual Life Settlement Summit banner below and remember to use promotional code SP6748FAS when registering. The discount cannot be applied retroactively to existing registrations and cannot be combined with any additional offers or discounts.
New Study Reveals Actual to Expected Ratio of 96%.
Fasano Associates' most recent independent performance evaluation revealed an Actual to Expected accuracy of 96% for the period 2004 through 2008. If you are interested in receiving a copy of this analysis, please contact us.
Longer has meant more accurate and more consistent life expectancy estimates from Fasano
While other life expectancy underwriters scrambled last fall to lengthen their life expectancy estimates by 15 to 25%, Fasano Associates did not. Why? Fasano has been consistently longer than other life expectancy underwriters, as clearly demonstrated in the Life Policy Dynamics comparative life expectancy graph shown below. At the same time, Fasano has consistently been more accurate, as witnessed by three successive analyses performed by independent actuarial firms – each of which found Fasano’s Actual to Expected accuracy to be 96%. Contact Us if you would like a copy of either the Life Policy Dynamics 2008 Market Analysis or our most recent Actual to Expected Study.
Michael Fasano named as one of the Top Ten Most Influential in Life Settlement Industry
Michael Fasano has been named one of the top ten most influential people in the Life Settlement Industry. Mr. Fasano, CEO and President of Fasano Associates, was selected based upon his "... ability to alter and shape the current regulatory, legislative and economic forces that guide this market." The announcement was made in the April 2009 issue of the Life Settlement Review, a publication of the Life Insurance Settlement Association. Press Release
Michael Fasano authors chapter on life settlement underwriting
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A Publication for Professional Traders and Institutional Investors.
LIFE MARKETS --- Trading Mortality and Longevity Risk with Life Settlements and Linked Securities
Internationally acclaimed expert Vishaal Bhugan, Managing Partner of VB Bhuyan & Co., 'and a
team of coauthors, including Fasano Associates' President, MICHAEL FASANO, and others from leading financial
institutions, hedge funds, actuarial firms, law firms and universities provide a complete analysis of the
life settlements market and show how to trade with confidence in the burgeoning market'. Comprehensive in
scope 'Life Markets' covers a wealth of material touching on everything from the history of life settlements
to making a transaction---pricing, service providers, and exchanges.
YOU SHOULD NOT MISS THIS ONE---To order your copy directly from the publisher, John Wiley & Sons, Inc.,
please click here
Past Events - October 26, 2009 - 6th Annual Life Settlement Conference
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Fasano Conference Attracts Industry Leaders at its Sixth Annual Life Settlement Conference
Kent Smetters, former Bush Administration Treasury official and current Wharton School Professor opened the Conference with an in-depth Analysis of President Obama’s Economic Policies. He demonstrated how attempts to inflate the economy through increased money supply have not been successful, as banks have chosen to hold historically high excess reserves.
Philippe Hatstadt, Managing Director of Barclays Capital followed with a cutting edge analysis of Pricing and IRR Risk Associated with Life Extension, including the impact of too short life expectancy estimates and of disease elimination.
The afternoon sessions included a presentation by Dr. Jochen Russ of the Institute for Finance and Actuarial Studies, the Death of Premium Finance, in which he exposed the premium finance industry’s dependence on unrealistically short life expectancy estimates and detailed the impact that longer life expectancies have had in curtailing market activity.
Jack Kelly, Executive Director of ILMA (the Institutional Life Markets Association), brought the house down with his presentation, An Industry Under Assault – Myth versus Fact, in which he brought perspective to the recent media assault on life settlements and laid out a strategy for the industry’s future.
Additional presentations were made by Jim DeHayes, renowned
marketing expert and CEO of DeHayes Consulting Group, Thomas Laumont, Chairman
of the German Life Settlement Association (BVZL), Brian Casey, Partner of Locke,
Lord, Bissell, and Fasano Associates Medical Director, Dr. Jim Wright. In addition, Mutaz Qubbaj of Credit
Suisse set the record straight on the
Differences Between Mortgage Backed Securities and Life Settlement Markets.
ALEC - Fasano's Automated Life Expectancy Calculator
Developed to be used as a SCREENING TOOL for life settlement acquisitions and to assist individuals in
financial planning applications. A "user friendly" tool that does not require the assistance of
underwriters OR other professionals to complete. Not a replacement for the "real thing" BUT
an inexpensive way to assess case value - easy to use while providing good risk discrimination. To try
"ALEC", click on the link in the left sidebar.
