Global Atlantic Annuity Review (2026)

How KKR changed Global Atlantic

Global Atlantic Financial Group has grown into one of the country's largest annuity issuers since KKR & Co. took full ownership in 2021. Before that, the business operated under the Forethought Life name, and it has become known since for pricing MYGAs aggressively and building out a strong income-focused fixed index annuity lineup. The company's asset base has more than doubled in the years since the acquisition closed, a pace that stands out even in an industry where private equity has bought into several large carriers.

KKR is one of the largest alternative asset managers in the world, and that matters directly for how Global Atlantic prices its products. Because KKR can direct Global Atlantic's investment portfolio into a wider range of private credit and alternative strategies than a traditional insurance company typically uses, Global Atlantic can often support higher crediting rates than carriers relying solely on conventional bond portfolios. That is not automatically good or bad, it is simply a different investment approach, and it is a meaningful reason the company shows up near the top of MYGA rate tables so consistently.

Global Atlantic's financial strength

AM Best places Global Atlantic in its A (Excellent) tier, a level that clears the bar most independent agents use as a floor for new business. S&P's separate grade, upgraded from A- in April 2025, lands at A (Strong). Both ratings sit on top of KKR, an asset manager overseeing several hundred billion dollars, which gives Global Atlantic an unusual amount of institutional backing for an annuity carrier.

On complaints, Global Atlantic tends to run better than average for its size, a reassuring sign given how quickly the company has scaled since the 2021 KKR acquisition. Several subsidiaries sit under the Global Atlantic umbrella. Forethought Life, headquartered in Indianapolis, Indiana, holds licenses across all 50 states and writes the majority of the group's contracts. In certain states the filer is Accordia Life and Annuity Company instead. Elsewhere it may be Commonwealth Annuity and Life Insurance Company, both of which issue policies under the same Global Atlantic brand. A separate affiliate, Global Atlantic Re Limited, handles the group's reinsurance business behind the scenes. Your state determines which specific entity backs your particular contract.

What does Global Atlantic sell?

• Multi-year guaranteed annuities. The ForeAccumulation and SecureFore product families lock in a fixed rate across several term lengths, with particularly competitive pricing on shorter 3 to 5 year terms.
• Fixed index annuities. The ForeIncome and ForeIndex lines credit interest based on a market index's performance, with optional living income riders available on ForeIncome for buyers planning ahead for retirement income.
• Single premium immediate annuities. These convert a lump sum into income payments that typically begin within a year, for buyers who want income certainty right away.

A closer look at the MYGA and FIA lineup

ForeAccumulation II is Global Atlantic's flagship MYGA, offered across 3, 5, 7 and 10 year terms with a fixed guaranteed rate for the full period and tax-deferred growth along the way. It includes a free withdrawal provision for penalty-free access to a portion of your funds each year, and the minimum premium runs $10,000.

SecureFore is a pared-down MYGA built for straightforward accumulation, available in select terms through independent agents.

ForeIncome II is an income-focused fixed index annuity that pairs multiple index crediting strategies, each with a zero floor protecting principal, with an optional guaranteed lifetime withdrawal rider for buyers planning a retirement income stream.

ForeIndex targets accumulation rather than income, offering several crediting strategy choices without requiring an income rider, a fit for buyers with a longer time horizon who mainly want index-linked growth with principal protection.

Because rates and caps shift regularly, use the quote tools on this page to see current numbers rather than relying on a printed figure.

Global Atlantic pros and cons

Global Atlantic's scale, ratings and KKR backing are genuine strengths, but a private equity owner and a shorter track record at this size are fair points to weigh before you commit.

Who does Global Atlantic fit best?

Rate-focused MYGA buyers tend to find Global Atlantic worth checking every time they shop, since it shows up regularly near the top of 3 to 5 year rate comparisons. Buyers comfortable with an alternative-asset-backed carrier get real value from KKR's investment approach, which genuinely does translate into stronger yields on some products. Retirement income planners looking at fixed index annuities will find a well-capitalized carrier with a competitive income rider on ForeIncome II. And for agents weighing rate against company trajectory, Global Atlantic's rapid growth keeps it consistently relevant in current comparisons.

Reaching Global Atlantic

We can quote Global Atlantic alongside other top-rated carriers so you can compare rates, terms and financial strength before deciding.

Other annuity companies to consider

• Athene: a larger A+ rated carrier with a similarly broad product shelf
• F&G: another actively growing carrier worth comparing on MYGA and FIA rates
• Protective Life: a higher-rated option for buyers who want A+ strength