Our focus is on you
At Global Atlantic, we are focused on delivering clear value to our customers with an enduring commitment to keep the promises we make.
Our Story
Global Atlantic is a leading U.S. retirement and life insurance company, with a broad range of competitive and innovative products, leading integrated risk and investment management, and highly experienced leadership. We are committed to addressing your financial protection needs today – and tomorrow.
Watch our videos to learn more about our business, our approach, our people and our passion for our customers.
A strong company built on a unique heritage
Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent, privately held company in 2013. KKR initially acquired majority ownership of Global Atlantic in 2021 and later increased its ownership stake to 100% in 2024. Today Global Atlantic is a wholly-owned subsidiary of KKR, operating as a standalone insurance business. Our success is driven by a unique heritage that combines deep product and distribution knowledge with leading investment and risk management capabilities, alongside a strong financial foundation.
Scroll through our timeline to see how we got here.
2004
Inception as Goldman Sachs Reinsurance Group
2005
Acquires Allmerica Life, renames it Commonwealth Annuity and Life Goldman Sachs Reinsurance Group
2009
Acquires First Allmerica Financial Life Insurance Company
2011
Starts selling annuities through Commonwealth
2013
Separates from Goldman Sachs and incorporates as Global Atlantic Financial Group Limited
2013
Acquires AVIVA USA life insurance business line and renamed Accordia Life
2014
Acquires Forethought Life Insurance Company: includes preneed business and annuity businesses built on capabilities acquired from The Hartford
2016
All products and services branded Global Atlantic
2021
Global Atlantic becomes a majority-owned subsidiary of the KKR public company
2024
KKR increases ownership stake to 100%, Global Atlantic becomes a wholly-owned subsidiary
Insurance Company Ratings
A.M Best: "Excellent"
(third highest of 13)
Outlook: Stable
Fitch: "Strong"
(sixth of 19)
Outlook: Stable
Standard & Poor's: "Strong"
(seventh of 21)
Outlook: Positive
Moody's
(sixth of 21)
Outlook: Stable
Applies to the individual financial strength of Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company, Forethought Life Insurance Company, Global Atlantic Assurance Limited and Global Atlantic Re Limited.
Ratings apply to the issuing companies and do not apply to any specific product or underlying fund. Each individual insurer is solely responsible for the benefits and obligations of the products it issues.
Ratings as of December 31, 2024.
Diversity, equity and inclusion
Great things happen when you harness the power of different perspectives and ideas in a diverse and inclusive workplace. From employee-led resource groups, to conscious consideration in our recruiting process, to our CEO’s pledge to reinforce a commitment to open dialogue and tackling unconscious bias – Global Atlantic embraces a culture of diversity and inclusion.
Watch this video to hear from our employees and leadership about what “diversity and inclusion” means to us.
