Global Bankers Insurance Group Pursues Sale of U.S. Life Insurance Companies

DURHAM, N.C.--(BUSINESS WIRE)-- Global Bankers Insurance Group, LLC (“Global Bankers” or “the Company”) today confirmed that it is pursuing a sale of its U.S. life insurance companies and has been in active discussions with potential acquirers. The Company issued the following statement:

“Global Bankers made the decision to sell its domestic life insurance companies because it believes it is in the best interests of the Company, its policyholders, partners and employees. During this process, the collective focus of Global Bankers and its domestic insurance companies will remain squarely on their policyholders and providing solutions to help them address their immediate insurance needs and plan for their long-term financial goals.”

About Global Bankers Insurance Group, LLC

Global Bankers is a family of insurance and reinsurance companies, focused on life insurance and annuities. Global Bankers is headquartered in Durham, North Carolina. For further information, please visit www.globalbankers.com.