Sundance Strategies, Inc. Reports Earnings Results for the First quarter Ended June 30, 2021
August 16, 2021 at 04:45 pm EDT
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Sundance Strategies, Inc. announced earnings results for the first quarter ended June 30, 2021. For the first quarter, the company announced operating loss was USD 243,461 compared to USD 124,341 a year ago. Net loss was USD 101,215 compared to USD 251,086 a year ago.
Sundance Strategies, Inc. is a professional services provider engaged in acquiring life settlements. The Company provides professional services to specialty structured finance groups, bond issuers and life settlement aggregators. As a professional services provider, the Company applies various practices to advise on the selection of specific portfolios of life insurance policies to meet the needs of its clients. Its clients include bond issuers, bond investors, or other structured finance product issuers. It develops strategies and methodologies, which include the acquisition of life insurance portfolios, then use common structured finance techniques and analytics to structure bonds for issuances, including principal protected bonds. The Company provide current and ongoing resources for all analytics, as well as advisement support for the investment and non-investment grade ratings for the managed asset pool and the managed cash accounts.