Abacus Global Management, Inc. ABX

Abacus Global Management Inc is a financial services company specializing in alternative asset management, data-driven wealth solutions, technology innovations, and institutional services. The company operates through four distinct yet complementary divisions: Abacus Life Solutions, Abacus Asset Group, Abacus Intel, and Abacus Wealth Advisors. It operates through three reportable segments, Asset management, Life solutions, and Technology services. It derives the majority revenue from Life solutions segment that generates revenues by buying, selling, and trading policies, and maintaining policies until receipt of death benefits. It also generates revenue by originating life insurance policy settlements between investors or buyers, and the sellers, who is often the original policy owner.

• GlobeNewswire Inc. 29 ago

  Coventry 旗下 LILY 融资项目人寿保险支持型融资规模达 10 亿美元

  Coventry announced that its LILY project has completed its fourth asset-backed securitization transaction since April 2025, bringing total life insurance-backed financing to $1 billion. The milestone demonstrates strong institutional investor demand for longevity-related assets and validates Coventry's platform as a leading channel for accessing differentiated investment opportunities through familiar ABS structures.

  

• GlobeNewswire Inc. 25 ago

  Coventry’s LILY Funding Program Reaches $1 Billion in Life Insurance-Backed Financing

  Coventry announced completion of its fourth asset-backed securitization under the LILY program, reaching $1 billion in total life insurance-backed financing since April 2025. However, court documents reveal that Abacus Global Management relied on artificially low life expectancy estimates from Lapetus and concealed critical valuation information from investors, with actual-to-expected ratios as low as 41.5%.

  

• GlobeNewswire Inc. 4 ago

  Court Unseals Key Evidence in Coventry Filing Showing Abacus Global Management Relied on Short Lapetus Life Expectancy Estimates and Misled Investors

  A U.S. District Court unsealed documents in litigation between Coventry and Abacus Global Management revealing that Abacus knowingly relied on significantly underestimated life expectancy data from Lapetus Solutions and misled investors about a Lewis & Ellis valuation report. Lapetus showed a 41.5% actual-to-expected mortality ratio compared to industry standards near 100%, and Abacus allegedly manipulated the Lewis & Ellis report by using different discount rates and withholding life expectancy estimates to inflate portfolio valuations.

  

• GlobeNewswire Inc. 17 jul

  Abacus Global Management to Announce Second Quarter 2026 Financial Results on Thursday, August 6, 2026

  Abacus Global Management (NYSE: ABX) announced it will release its second quarter 2026 financial results on August 6, 2026, followed by a conference call at 5:00 pm ET. The company will provide a live webcast on its investor relations website.

  

• The Motley Fool 6 jul

  Why Abacus Global Management Stock Inched Higher Today

  Abacus Global Management stock rose 1.52% on Monday following news that the alternative asset management company successfully upsized its syndicated credit facility by $75 million to $225 million total, demonstrating strong financial management. The company also announced the planned retirement of board member Sean McNealy, who will transition to an advisory role.