Investors seeking returns decoupled from broader financial volatility are increasingly turning to life settlements. According to the study, Life Settlements: Positioning for Long-Term Expansion, the intersection of aging demographics and the need for alternative investment vehicles creates a durable framework for growth. For policyholders, the rising expense of retirement and long-term care provides a practical incentive to sell policies rather than surrendering them for lower payouts or allowing them to lapse.

Scott Hawkins, head of insurance research at Conning, emphasizes that while the macroeconomic environment supports growth, market participants face a nuanced path forward. Success requires balancing consumer access with the technical challenges of managing policy supply, insurer exposure, and evolving longevity risks. This analysis marks Conning’s 21st consecutive review of the sector, offering projections for annual settlement volumes and market potential through 2035.