Chicago – October 7, 2016. Kuvare Holdings LP (“Kuvare” or “The Company”), a growth-oriented insurance platform, is pleased to announce the completion of its purchase of Guaranty Income Life Insurance Company (“GILICO”) and, separately, the establishment of a new reinsurer, Kuvare Life Re Ltd. (“KLR”), and execution of a closed-block reinsurance transaction with a highly rated insurance company.