GILICO Announces AM Best Upgrade

November 1, 2017 PRESS RELEASE Contact: Forrest E. Mills, Jr., CFO Guaranty Income Life Insurance Company “A Kuvare Company” Phone: 225-383-0355 Fax: 225-388-0022 forrest@gilico.com www.gilico.com GUARANTY INCOME LIFE ANNOUNCES UPGRADE FROM A.M. BEST November 1, 2017, Baton Rouge, LA – Guaranty Income Life Insurance Company received upgrades from A.M. Best to their Financial Strength Rating (FSR) to B++ (Good) from B+ (Good) and their Long-Term Issuer Credit Rating (Long-Term ICR) to “bbb+” from “bbb-.” The outlook on these Credit Ratings is “stable.” Dhiren Jhaveri, Chairman of Guaranty Income Life Insurance Company (GILICO), said, “We are pleased with the upgrade of
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Guaranty Income Life is Pleased to Announce it has Finalized its Acquisition by Kuvare US Holdings, Inc.

October 7, 2016 PRESS RELEASE Contact: Flynn Foster Phone: 225-383-0355 FOR IMMEDIATE RELEASE Guaranty Income Life Insurance Company Announces Closing of its Sale to Kuvare US Holdings, Inc. BatonRouge, LA. — October 3, 2016 — Guaranty Income Life Insurance Company (GILICO) is pleased to announce the closing of the company’s sale to Kuvare US Holdings, Inc. (Kuvare) today. Kuvare Holdings has completed its purchase of GILICO, a life insurance, annuity and long-term care insurance company based in Baton Rouge. The transaction, was subject to the Louisiana Department of Insurance approval, which was received last week. GILICO headquarters will remain in
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Categories: Guaranty Income and Linked Benefit/Hybrids.