Global Atlantic is a multiline insurance and reinsurance holding company that operates in life, annuity, property and casualty lines of business through subsidiaries in New York, Massachusetts, Bermuda, London and, following the close of its acquisition of the Aviva USA life business, Iowa. Global Atlantic was founded in 2004 at Goldman Sachs and entered the life and annuity market by acquiring Commonwealth Annuity and Life Insurance Co. (formerly Allmerica Financial) in 2005. At the close of this transaction, the Global Atlantic Life business will have over $31 billion in assets. Global Atlantic entered the property and casualty business in 2005 and offers reinsurance and insurance through its syndicate at Lloyd’s of London operating under the Ariel Re brand. The company separated from Goldman Sachs in April 2013.
Founded in 1985, Forethought Financial Group Inc., a privately-held, diversified financial services organization, provides life insurance and annuities that help America’s senior middle market plan for their pre-retirement, retirement and end-of-life needs through key distribution relationships. Experienced leadership and financial discipline underlie its strong growth and success in the marketplace. With a targeted strategy and multifaceted product lines, Forethought delivers enduring value to its customers, distribution partners and shareholders. Forethought is Forethought Financial Group Inc. and its subsidiaries, including Forethought Life Insurance Co., which is the issuer of annuities.