03-10-2017 03:42 via insuranceinsider.com

Global Bankers to buy Lincoln Benefit from Resolution

Global Bankers Insurance Group has agreed to buy Lincoln Benefit
Life and affiliated entities from Resolution Life, which plans to
consolidate its insurance business.While Lincoln was placed into runoff in 2013, Global Bankers said
the deal will bring it a large, efficient platform that can enhance
future growth.
The terms of the deal were not disclosed. The transaction is
expected to be completed in the first quarter of 2018, subject to
regulatory approvals."We are excited for the future...
Read more »