Coventry Dominates the Secondary Life Settlement Market by Number of Policies, Nominal Value, and Total Payments to Policyholders, According to the 2025 Life Settlement League Table

Coventry, a leader in the secondary market for life insurance and a pioneer of life-insurance-backed assets, said it remains the top provider of life settlements on the secondary market based on reported providers’ total number of policies purchased, total nominal value, and total amount paid to policy owners. The results are reflected in the 2025 Life Settlement League Table Report, published by Coventry, which compiles market data from public archives and provider disclosures. Coventry companies have held the top spot for 13 consecutive years.

2025 purchase and payout figures

Coventry, through its Life Equity subsidiary, bought more than 1,400 life insurance policies from policy owners on the secondary market in 2025. The company said the purchases represented about $1.6 billion in nominal value, making it the largest buyer of life insurance policies on the secondary market. Coventry companies also reported paying policyholders more than $240 million for their policies in 2025.

Company commentary on execution and model

Reid Buerger, Coventry’s CEO, said the company’s leadership is driven by its size, execution certainty, and disciplined capital deployment, adding that it reflects the strength of Coventry’s staff, the rigor of its processes, advisory engagement with advisers, and investment in technology to support consistent execution and improved outcomes for policy owners and advisers.

Coventry also attributed its approach to its vertically integrated model and exclusive data, which it said enables a more precise assessment, broader purchase criteria, and tailored results for policy owners.

Report availability

People interested in the 2025 Life Settlement League Table Report can view it at: https://www.coventry.com/2025-League-Table.

About Coventry

Coventry is the leader and creator of the life insurance secondary market and a pioneer of the life-insurance-backed asset class. The company operates an integrated platform across four verticals: the life insurance secondary market, longevity lending, life insurance and annuity distribution, and life insurance technology.

Coventry said these activities expand financial options for policy owners, provide capital-guaranteed solutions backed by life insurance and other longevity-related assets, expand access to protection and retirement products, and apply technology to improve pricing, risk management, and operational efficiency across the life insurance ecosystem.

The company said it has historically acquired more than 23,000 life insurance policies, completed more than $50 billion of longevity-related transactions, paid more than $6 billion to policy owners, and extended more than $1 billion of life-insurance-related loans.