Global Bankers Insurance Group to Acquire Lincoln Benefit Life

Resolution Life and Global Bankers Insurance Group, LLC (Global Bankers) today announced they entered into a definitive agreement for the acquisition of Lincoln Benefit Life Company by Global Bankers. The transaction is expected to close in the first quarter of 2018, subject to receipt of appropriate regulatory approvals by the Nebraska Department of Insurance and satisfaction of other customary closing conditions.

Lou Hensley, Co-CEO and President of Global Bankers, said the acquisition contributes a sizable and efficient platform to enhance Global Bankers’ growing insurance company portfolio. “Lincoln Benefit Life is our largest acquisition since our inception and we are excited for the future opportunities this transaction brings.

W. Weldon Wilson, CEO of Resolution Life, said “We believe this is a good transaction for Lincoln Benefit Life’s policy owners and employees. Global Bankers plans to continue Lincoln Benefit Life’s operations in Lincoln, Nebraska and Rosemont, Illinois.”


Global Bankers Insurance Group, LLC is an international family of insurance and reinsurance companies, focused on Life Insurance and Annuities. Some of Global Bankers portfolio of insurance companies in the United States includes Colorado Bankers Life Insurance Company, Bankers Life Insurance Company and Southland National Insurance Corporation. Global Bankers’ global reach includes operations in the United Kingdom, the Netherlands, Bermuda and India. Global Bankers is a wholly-owned division of Eli Global, LLC.

Published: October 2, 2017

© 2014-2017 Lincoln Benefit Life Company.

FOR BROKER-DEALER OR AGENT USE ONLY - Not for public dissemination. May not be distributed, reprinted or shown to the public in oral, written or electronic form as sales material.