Abacus Global Management, Inc. (ABX)

Abacus Global Management, Inc. is a financial services company focused on longevity and alternative asset management. Its core business is life settlements: it buys existing life insurance policies from policyholders, typically older individuals, who want to sell them for more than their cash surrender value, and then holds or resells those policies to institutional investors.

Beyond policy origination and trading, the company manages investment funds and vehicles that invest in life insurance policies, provides policy servicing, and uses actuarial and longevity data to price and evaluate policies. The company was previously known as Abacus Life, Inc. and is headquartered in Orlando, Florida.