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Forethought joins Global Atlantic, continues to help Americans meet financial needs

The previously announced acquisition of Forethought Financial Group by Global Atlantic Financial Group Limited was finalized on January 2, 2014. Forethought, now a subsidiary of Global Atlantic, will continue as a retail brand, offering annuities and preneed insurance products. All current annuities and preneed insurance products continue to be sold today. With greater resources and scale, Forethought will look to drive greater innovation and even more compelling options that help solve the pre-retirement, retirement and end-of-life challenges facing Americans today.
 
If you already own a Forethought product, this is a seamless transaction. There are no changes to your benefits or service contacts. You can continue to have full confidence in the promises Forethought made when you purchased it. 
 
Forethought and the recently acquired Accordia Life, formerly the Aviva USA life business, now form the foundation for Global Atlantic’s growing retail franchise, which joins a leading reinsurance business to create a more diverse and balanced organization. 
 
Global Atlantic, a multiline insurance and reinsurance company, was founded at Goldman Sachs in 2004 and separated as an independent company in April of 2013. In less than a decade, Global Atlantic has established itself as an innovative insurance and reinsurance provider. Global Atlantic’s success is driven by experienced leadership, a long-term focus on clients, financial discipline and a culture that emphasizes teamwork, innovation and excellence.
 
For more on the completion of this highly complementary transaction, please read the press release here

 

Annuities are issued by Forethought Life Insurance Company. Variable annuities are underwritten and distributed by Forethought Distributors, LLC.

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HELP RETIRE YOUR DOUBTS

Whether you’re concerned about outliving your money, preserving a financial legacy, or the threat of long-term care expenses, an annuity from Forethought can help. Learn more about our annuities and how they can help you overcome the challenges you face in retirement.

GIVE A SELFLESS GIFT

No one likes to think about death, but we all must face it. Forethought offers a variety of products and services to help you in planning for this eventuality to relieve your loved ones of the undue financial consequences.