Coventry Expands LILY Life Insurance-Backed Funding Program with $750 Million in New Asset-Backed Notes

2026-01-27 - 15:10

FORT WASHINGTON, Pa., Jan. 27, 2026 (GLOBE NEWSWIRE) -- Coventry, the leader and creator of the secondary market for life insurance and a pioneer of the life insurance-backed asset class, today announced the successful completion of its third asset-backed securitization since April 2025 under its LILY program. Collectively, these transactions total $750 million in life insurance-backed financing and further establish Coventry as the leading platform for institutional investors seeking differentiated exposure to longevity-linked assets. Read More