Oct 2016: $117m fixed rate ABS. Details here
JGW routinely acquires rights to receive regular payments from insurance companies relating to settlements those insutance companies enter into with claimants, In return for receiving this regular income, JGW makes a lump sum payment to the claimants. Claimants often prefer to receive a lump sum instead of these regular amounts over a long period.
JGW has executed around 44 securitisation transactions.
Details of earlier offers and of its strategy to fund its payouts using securitisation proceeds are privided below
DBRS rating (2011) ctriteria for thses types of assets are provided here