A different kind of private company
Global Atlantic Financial Group Limited, the parent of all Global Atlantic subsidiaries, is a privately held company. With approximately 1,500 shareholders, the ownership base is broad and diverse. Ownership is comprised of management, employees, individuals and institutions.
As such, we strive to adhere to many of the same standards as public companies, both financially and operationally, even though shares are not publicly traded. With this rigor, we help to ensure the long-term financial health of the business while providing investor transparency.
Insurance company ratings
Global Atlantic's insurance companies maintain high financial strength ratings from third party agencies.
1Applies 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, and Global Atlantic Re Limited.
2Applies to the individual financial strength of Accordia Life and Annuity Company, Commonwealth Annuity and Life Insurance Company, First Allmerica Financial Life Insurance Company and Forethought Life Insurance Company.
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 January 31, 2018.
Global Atlantic has over $50 billion in assets at the holding company level, and our operating subsidiaries are strong and well-capitalized to meet their obligations. Assets by issuing company include:
- Forethought Life Insurance Company: $24.9 billion
- Accordia Life and Annuity Company: $8.0 billion
- Commonwealth Annuity and Life Insurance Company: $11.7 billion
- Global Atlantic Re Limited: $6.5 billion
Asset data is as of December 31, 2016.