Oct 12, 2026 | White Paper
Life Expectancy: Beyond the Number
Understanding, Calculating, and Applying Longevity Risk in the Life Settlement Market
News &
Insights
Discover expert analysis, industry updates, and strategic insights. Stay informed with our latest webinars, whitepapers, and other exclusive content.
Nov 12, 2025 | Webinar
Webinar: How Artificial Intelligence is Impacting the World of Life Settlements
In this in-depth presentation, Preston Capital explores the evolving role of artificial intelligence in medical underwriting and its broader implications for the life settlement industry.
Jun 04, 2025 | White Paper
Investing In Life Settlements
As global markets become increasingly volatile and complex, institutional investors are actively seeking non-correlated, alternative asset classes to diversify their portfolios. Life settlements have emerged as an attractive option, offering the potential for stable returns uncorrelated with traditional market movements.
Nov 04, 2024 | News
Fasano Longevity Conference
Preston Capital's Executive Chairman, David Posnick, will be speaking at the Fasano Longevity Conference this November in Washington, D.C.! Mr. Posnick will present “An Investor’s Perspective on the Life Settlement Market,” where he will provide invaluable insights into the opportunities and challenges investors face in this evolving market.
Sep 06, 2024 | White Paper
Transforming Medical Underwriting in Life Settlements with AI
Artificial intelligence (AI) has become a prominent topic in today's rapidly evolving technological landscape. According to a report by Goldman Sachs, 36% of the 500 companies in the S&P 500 mentioned AI during their fourth-quarter earnings calls, highlighting its pervasive influence across various sectors.[1] This surge of interest is not merely superficial; AI is actively revolutionizing numerous industries, with medical underwriting in life settlements being a prime example.
Jul 31, 2024 | Webinar
Webinar: Life Settlements in Private Credit Portfolios
Join our upcoming webinar where Preston Capital's David Posnick and Anne Buchanan will discuss why sophisticated institutional investors are adding longevity contingent assets to their private credit portfolios. Register here!
Jun 11, 2024 | News
California LP Summit
Preston Capital's Executive Chairman, David Posnick, will take the stage at the California LP Summit this June! Mr. Posnick will join the dynamic panel “Piling into Private Markets,” where he will delve into the booming interest in private market opportunities, with a spotlight on the surging demand for private credit investments.
May 07, 2024 | White Paper
A Life Settlement Market Primer
As global markets have evolved to become more volatile, complex, and uncertain, investors are increasingly turning to non-correlated, esoteric asset classes to diversify their portfolios. Among these niche asset classes, life settlements stand out for their ability to provide ample diversification, attractive risk-adjusted returns, non-correlated return streams, low volatility, and reliable cash flow.
Feb 26, 2024 | News
Pension Bridge Private Credit 2024
Preston Capital's Executive Chairman, David Posnick, is set to take the spotlight at the highly anticipated Pension Bridge Private Credit 2024!
Feb 22, 2024 | Podcast
Invest Like A Billionaire: Life Settlements Demystified
Learn the unique history of the secondary market for life insurance (aka, life settlements or viatical settlements).
Nov 21, 2023 | Press Release
David Posnick and Anne Buchanan join Preston Capital
Aliso Viejo-based longevity manager expands its leadership and business development teams.
Oct 12, 2026 | White Paper
Life Expectancy: Beyond the Number
Understanding, Calculating, and Applying Longevity Risk in the Life Settlement Market
“How long will I live?” Or, put more colloquially, “how much time do I have left?” It is a question nearly every human being has thought to themselves, if not uttered out loud into the ether. If you are Bryan Johnson — author of Don’t Die and founder of Project Blueprint — you might believe the answer is indefinitely. Although deep down, most of us are probably rooting for Mr. Johnson’s success, for now, Benjamin Franklin’s famous line still rings true: “in this world, nothing can be said to be certain, except death and taxes.” This white paper is not a crystal ball, and it cannot tell you how long you will live. What it can do is provide a clearer understanding of life expectancy: what it is, how it is interpreted, how it is calculated, how it drives valuation, and what it means for managers and investors in the life settlement space. In the pages that follow, we trace life expectancy from humanity’s earliest recorded estimates through the past century of American history, walk through the mechanics of how a life expectancy is actually calculated, use simple math to show how “rolling down the curve” affects valuation over time, and explain how Preston Capital’s approach to life expectancy differs from the traditional model that has long defined this industry.
“How long will I live?” Or, put more colloquially, “how much time do I have left?” It is a question nearly every human being has thought to themselves, if not uttered out loud into the ether. If you are Bryan Johnson — author of Don’t Die and founder of Project Blueprint — you might believe the answer is indefinitely. Although deep down, most of us are probably rooting for Mr. Johnson’s success, for now, Benjamin Franklin’s famous line still rings true: “in this world, nothing can be said to be certain, except death and taxes.” This white paper is not a crystal ball, and it cannot tell you how long you will live. What it can do is provide a clearer understanding of life expectancy: what it is, how it is interpreted, how it is calculated, how it drives valuation, and what it means for managers and investors in the life settlement space. In the pages that follow, we trace life expectancy from humanity’s earliest recorded estimates through the past century of American history, walk through the mechanics of how a life expectancy is actually calculated, use simple math to show how “rolling down the curve” affects valuation over time, and explain how Preston Capital’s approach to life expectancy differs from the traditional model that has long defined this industry.
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White Paper, please
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Jun 04, 2025 | White Paper
Investing In Life Settlements
As global markets become increasingly volatile and complex, institutional investors are actively seeking non-correlated, alternative asset classes to diversify their portfolios. Life settlements have emerged as an attractive option, offering the potential for stable returns uncorrelated with traditional market movements.
The life settlement market has evolved significantly over the past decade, with increased regulation, enhanced transparency, and the emergence of sophisticated institutional managers driving its maturation. Today, the market represents a growing opportunity set exceeding $70 billion in face amount, with an average annual transaction volumes over the past decade split between approximately $5 billion in secondary market sales and $9 billion in tertiary market trades. For institutional investors seeking to diversify their portfolios and generate attractive risk-adjusted returns, life settlements present a compelling investment case backed by regulated insurance carriers and supported by sophisticated analytics and risk management tools.
This white paper explores the fundamentals of life settlements as an investment opportunity. We examine the asset class's mechanics, its distinct market structure, the underwriting and risk management processes, past and present market participants, and how life settlements can fit strategically within a diversified portfolio. As life settlements continue to mature, they offer an appealing potential pathway for investors to enhance portfolio resilience, balance risk, and capture returns largely independent of conventional market forces.
Best regards,
Adam
The life settlement market has evolved significantly over the past decade, with increased regulation, enhanced transparency, and the emergence of sophisticated institutional managers driving its maturation. Today, the market represents a growing opportunity set exceeding $70 billion in face amount, with an average annual transaction volumes over the past decade split between approximately $5 billion in secondary market sales and $9 billion in tertiary market trades. For institutional investors seeking to diversify their portfolios and generate attractive risk-adjusted returns, life settlements present a compelling investment case backed by regulated insurance carriers and supported by sophisticated analytics and risk management tools.
This white paper explores the fundamentals of life settlements as an investment opportunity. We examine the asset class's mechanics, its distinct market structure, the underwriting and risk management processes, past and present market participants, and how life settlements can fit strategically within a diversified portfolio. As life settlements continue to mature, they offer an appealing potential pathway for investors to enhance portfolio resilience, balance risk, and capture returns largely independent of conventional market forces.
Best regards,
Adam
To request the full
White Paper, please
fill out this form:
Sep 06, 2024 | White Paper
Transforming Medical Underwriting in Life Settlements with AI
In this white paper, we will delve into the transformative impact of AI on life settlement medical underwriting, illustrating how advanced algorithms and machine learning techniques are enhancing the accuracy, efficiency, and fairness of risk assessments. By automating complex data analyses and predicting health outcomes with unprecedented precision, AI is not only streamlining the underwriting process but also facilitating more personalized and data-driven decision-making. This paper examines both the opportunities and challenges posed by AI, offering insights into its potential to redefine traditional life settlement underwriting practices and significantly improve overall accuracy in life expectancy.
To request the full
White Paper, please
fill out this form:
Jul 31, 2024 | Webinar
Webinar: Life Settlements in Private Credit Portfolios
Register here!
In an exclusive webinar hosted by Preston Capital, discover why sophisticated institutional investors are adding longevity contingent assets to their private credit portfolios. Leading this insightful discussion is David Posnick, Executive Chairman of Preston Capital and the former Co-Head of Distressed Investing for Blackstone Credit.
Wednesday, July 31, 2024 | 4:30 – 5:30 p.m. ET
In an exclusive webinar hosted by Preston Capital, discover why sophisticated institutional investors are adding longevity contingent assets to their private credit portfolios. Leading this insightful discussion is David Posnick, Executive Chairman of Preston Capital and the former Co-Head of Distressed Investing for Blackstone Credit.
Wednesday, July 31, 2024 | 4:30 – 5:30 p.m. ET
To request a recording of the Webinar, please fill out this form:
May 07, 2024 | White Paper
A Life Settlement Market Primer
As global markets have evolved to become more volatile, complex, and uncertain, investors are increasingly turning to non-correlated, esoteric asset classes to diversify their portfolios. Among these niche asset classes, life settlements stand out for their ability to provide ample diversification, attractive risk-adjusted returns, non-correlated return streams, low volatility, and reliable cash flow.
Concurrently, the growing demographic of Americans over 65 years old is exploring new ways to leverage their existing assets to enhance their financial well-being or supplement their retirement savings. Life settlements have gained recognition over the past decade as a viable option for those with unwanted or unneeded life insurance policies. A life settlement is the regulated sale of a life insurance policy to a third-party investor, providing the policyholder with a lump sum cash payment that typically exceeds the policy’s cash surrender value. This transaction offers immediate financial benefits to the seller and transforms a previously illiquid asset into a source of economic value.
This white paper explores the benefits of life settlements to both the insureds selling their policies as well as investors looking to add a strategic addition to investment portfolios in today's evolving financial landscape.
Concurrently, the growing demographic of Americans over 65 years old is exploring new ways to leverage their existing assets to enhance their financial well-being or supplement their retirement savings. Life settlements have gained recognition over the past decade as a viable option for those with unwanted or unneeded life insurance policies. A life settlement is the regulated sale of a life insurance policy to a third-party investor, providing the policyholder with a lump sum cash payment that typically exceeds the policy’s cash surrender value. This transaction offers immediate financial benefits to the seller and transforms a previously illiquid asset into a source of economic value.
This white paper explores the benefits of life settlements to both the insureds selling their policies as well as investors looking to add a strategic addition to investment portfolios in today's evolving financial landscape.