Life settlements are built on one of the most established and closely regulated industries in the United States.

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$9.3 trillion — Total assets held by U.S. life insurers (ACLI Life Insurers Fact Book 2025)

$6.6 trillion — Policy reserves held by U.S. life insurers (ACLI Life Insurers Fact Book 2025)

$524 billion — Surplus and capital of U.S. life insurers (ACLI Life Insurers Fact Book 2025)

$224 billion — Average annual gross market potential for life settlements (Conning, 2025 Life Settlements Strategic Study (press release, Nov. 2025))

Since 1911 — Life settlements upheld by the U.S. Supreme Court (Grigsby v. Russell, 1911)

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State law requires life insurers to hold reserves to meet their future obligations to policyholders.

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Sources: American Council of Life Insurers, Life Insurers Fact Book 2025 (year-end 2024 data); Conning, Life Settlements study, 2025. Figures are for informational purposes only.