| |
Portfolio Valuations
Our approach to portfolio valuations is efficient, accurate, and cost-effective.
We use our proprietary software, Global Pricing System™, for portfolio
valuations. Our system fully integrates the functions of life settlement pricing,
premium finance cost to carry analysis, portfolio pricing, portfolio valuation, and
Monte-Carlo simulations to a single integrated platform.
Our approach looks at a portfolio as a portfolio, and we adapt the file building
techniques to utilize the data format that the client has in an efficient
manner. This enables us to perform the initial data set up at a total price that is
only a fraction of the per policy cost of single policy calculations.
We have the capability to perform FASB-compliant portfolio valuations as frequently as
you need them, even daily. Our portfolio valuations can "roll forward" all required values,
such as LE's, or we can use any new data that you provide.
Our software allows us to handle future premium estimates in different ways. Most
simplistically, we can use a schedule provided by you for each policy. Alternatively,
for U.L. policies, we can dynamically recalculate minimum premiums, by reflecting premium payment
histories subsequent to acquisition and prior to valuation, and recalculate minimum premiums at
each valuation date.
We obtain optimum efficiency and quality by working with our clients in preparing and
updating input files, but VLC qualified actuaries run all valuations, and review the
results. At least monthly, valuation reports will be subjected to a peer review
by other VLC qualified actuaries.
Our portfolio valuations can be used both for accounting valuation purposes, or as
data available for portfolio resale. Ask us about our approach to Sellers Appraisals
in the selling process.
|
|