Life Settlement
Blog & Resources

ORLANDO, Fla., Nov. 03, 2023 (GLOBE NEWSWIRE) — Abacus Life, Inc. (“Abacus” or the “Company”) today announced that it has priced an underwritten public offering of $31.0 million in aggregate principal amount of its 9.875% notes due 2028 (the “Notes”). The Notes will bear interest at a rate of 9.875% per year. The Company has granted the underwriters an option to purchase up to an additional $4.65 million in aggregate principal amount of notes solely

Life insurance policies, often overlooked as valuable assets, can provide a significant financial resource when circumstances call for it. Abacus Life, a leading buyer of life insurance policies, understands that your life insurance policy is a versatile financial tool that can be leveraged to secure your financial future. If you’re contemplating selling your life insurance policy, here are five essential tips to consider: Understand the Financial Benefits In 1911, the United States Supreme Court ruled

For many seniors, life insurance policies have accumulated cash value over the years, often overlooked and forgotten. Abacus Life sheds light on this often-untapped resource. A life settlement can provide a lump sum of cash in exchange for the policy, and this can be a game-changer when preparing for retirement. Here are some reasons why you might consider selling your life insurance policy: Supplemental Income for Retirement: Retirement costs vary, but ensuring a comfortable retirement

Source: Donna Horowitz, The Deal  Vincent Pellegrino started a job as Vice President of Capital Markets this month. Vincent Pellegrino is the new vice president of capital markets for Abacus Life Inc. (ABL). He joined the Orlando, Fla.-based life settlement provider this month, according to his updated LinkedIn profile. “We are excited to have Vinnie join the team. He is a long-time industry veteran and brings a wealth of experience to our team,” Abacus CEO

Source: Donna Horowitz, The Deal  The life settlement provider announced Christopher Romaine’s hiring on Sept. 11. Abacus Life Inc. (ABL), the No. 2 buyer in the life settlement market, said it has hired Christopher Romaine as its general counsel. The Orlando, Fla.-based life settlement provider said Monday, Sept. 11, it had retained Romaine to advise and serve on the firm’s executive leadership team. Abacus has consistently been the second biggest buyer in the secondary market,

Source: Donna Horowitz, The Deal | https://pipeline.thedeal.com/article/00000189-f527-d331-a9ff-f7e733260000/deal-news/life-settlements/former-transamerica-exec-joins-abacus-life Seth Miller is the new chief revenue officer at the life settlement provider. Seth Miller, a former Transamerica Life Insurance Co. executive, is the new chief revenue officer of Abacus Life Inc. (ABL). The Orlando, Fla.-based life settlement provider, said Monday, Aug. 14, that Miller was hired to continue developing relationships with life insurance and wealth-management firms. He has 25 years of experience in financial services distribution and