Positioned for growth
In November 2023, KKR and Global Atlantic announced that KKR plans to increase its majority ownership stake in Global Atlantic to 100%. Upon closing of the transaction, which is expected to occur during the first quarter of 2024, Global Atlantic will be a wholly owned subsidiary of KKR, operating as a standalone insurance business. Our partnership with KKR affords us a long-term capital structure and differentiated investment and risk management expertise that provides Global Atlantic with even greater flexibility and strengthens our position for future growth.
Insurance company ratings
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 February 6, 2023.