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PRIMERICA COMPLETES VOYAGER SALE

 NEW YORK, May 13 /PRNewswire/ -- Primerica Corporation (NYSE: PA) today announced the completion of the sale of certain of the Voyager Insurance Companies to American Bankers Insurance Group, Inc. (NASDAQ: ABIG).
 Primerica's cash proceeds from the transaction, announced initially in January 1993, were $108 million.
 Primerica Corporation is a diversified financial services company principally engaged in investment banking and securities brokerage, mutual funds and asset management, consumer lending and life, credit, accident & health and property & casualty insurance. As of March 31, 1993, Primerica has assets of approximately $25.0 billion and book value of approximately $24.30 per common share.
 American Bankers Insurance Group, Inc., an international specialty insurance company headquartered in Miami, has become a leader by distributing innovative products and services in markets not traditionally serviced by other insurance companies.
 -0- 5/13/93
 /CONTACT: Mary McDermott, 212-891-8870, or Barbara Yastine, 212-891-8872, both of Primerica/
 (PA ABIG)


CO: Primerica Corporation; American Bankers Insurance Group, Inc. ST: New York, Florida IN: INS SU: TNM

TS -- NY087 -- 8309 05/13/93 16:41 EDT
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Publication:PR Newswire
Date:May 13, 1993
Words:174
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