Kuvare completed the acquisition of Lincoln Benefit Life.

Kuvare, which operates as a holding company, completed the acquisition of Lincoln Benefit Life, which operates as an insurance firm. Financial terms were not disclosed. “Kuvare looks forward to LBL shortly joining our growing life and annuity insurance business. The LBL organization has been a leader within the US life insurance industry for decades, and the Lincoln Benefit brand is recognized throughout the country for insurance excellence. Over its 80-year track record, most recently under the ownership of RL LP, LBL has a rich tradition of offering high-quality policyholder service,” Dhiren Jhaveri, Kuvare Chief Executive Officer.