Lincoln Benefit Life Co is being acquired by Global Bankers Insurance Group affiliate


  • LBL is being acquired by Global Bankers Insurance Group affiliate.
  • We are placing our 'BBB+' long-term counterparty credit rating on LBL on CreditWatch Developing.
  • Global Bankers Insurance Group, LLC is an affiliate of Eli Global LLC, neither of which we rate.

We also have limited information about 
LBL's strategic importance within GBIG. We currently do not rate GBIG or any 
of its subsidiaries. To resolve the CreditWatch, we will need a significant 
amount of information from GBIG and Eli Global,LLC to determine their 
creditworthiness and LBL's role within the organization. We do not expect this 
transaction to close before end of 2017.