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Insurance Company Details

Colorado Bankers Life Insurance Company

Company Profile

Global Bankers Insurance Group
North Carolina
84786
1974
2327 Englert Drive
Durham, NC 27713

Company Information

June 27, 2019 – AM Best changed the Financial Strength Rating (FSR) to a Non-Rating Designation of E (Under Regulatory Supervision) from B++ (Good). These rating actions follow a court decision that placed the company into rehabilitation. Colorado Bankers Life was placed into rehabilitation on June 27, 2019, by the Superior Court of Wake County, North Carolina.

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Colorado Bankers Life Insurance Company has been helping Americans successfully meet their goals and manage their insurance needs since 1974. They provide individually underwritten supplemental coverages and annuities for a variety of employer sponsored, government and individual marketplaces. Specializing in all forms of life and annuity products, their mission is to meet their customers wherever they are in life to help them protect their family today and accumulate assets for future needs.

Assets and Liabilities

$2,677,070,509
$2,479,256,981
$197,813,528
107.98%

Ratings

E
(14th of 15 ratings)
Not Rated
Not Rated
Not Rated
Not Ranked

Annuity Products Offered by Colorado Bankers Life Insurance Company

There are currently no annuity products reviewed by AnnuityAdvantage for this insurance company.

Financial Data for the year ending December 31, 2018. All ratings shown are current as of June 27, 2019