The issuer behind the guarantee.
An annuity guarantee is a promise from one company, sometimes lasting forty years. The product matters less than the balance sheet standing behind it.
| AM Best rating | A (Excellent) |
|---|---|
| Outlook | Stable, affirmed October 2025 |
| Issuing companies | Forethought Life; Commonwealth Annuity and Life |
| Parent | KKR & Co. (full acquisition 2024) |
| Origin | Founded 2004 within Goldman Sachs |
| Notable product line | SecureFore MYGA, 3 to 10 year terms |
Checked against public sources on 19 August 2026. Ratings change without notice — a rating without a date is not a rating.
Three things to understand about Global Atlantic.
The name on your contract is Forethought, not Global Atlantic
Global Atlantic is a marketing brand. Annuities are issued by Forethought Life Insurance Company or Commonwealth Annuity and Life Insurance Company, and each subsidiary is solely responsible for the obligations of the products it issues. The Forethought brand was largely retired but the legal entity remains, which is why buyers searching one name find the other.
Private-equity ownership is a factor worth naming
KKR completed its full acquisition in 2024. PE-backed insurers have grown rapidly in the annuity market and frequently offer competitive rates, funded partly by different asset allocation than legacy mutual carriers use. That is not inherently bad — Global Atlantic's rating is affirmed at A with a stable outlook — but it is a structural difference from a mutual insurer and it belongs in your comparison.
The MYGA term range is unusually wide
SecureFore has been offered in terms from three to ten years, one of the broader ranges available. That is genuinely useful for laddering. It also means a quoted rate is meaningless until you match the term, because a three-year and a ten-year contract are different products.
How to read any carrier.
Palm Wealth Capital publishes independent annuity research and education. No carrier pays for placement on this site. Nothing here is individualized investment, tax, or legal advice, and no page on this site is a recommendation to buy or avoid any contract. Annuity guarantees rely on the financial strength and claims-paying ability of the issuing insurance company.
Holding a Global Atlantic contract — or being shown one?
Send the illustration or statement. We will check Global Atlantic’s current AM Best rating and outlook against the date on this page, read the surrender schedule and any market value adjustment, price the riders, and tell you what the guaranteed terms are rather than the illustrated ones. If the answer is that you don’t need it, that is the answer you get — there is nothing here for us to sell you.
Carriers buyers weigh against this one.
Evaluating an indexed contract from this carrier? Start with how participation rates, caps, and spreads work — the three numbers that decide what any index year actually credits.