Global Atlantic Financial Group is one of the fastest-growing annuity providers in the U.S., backed by KKR — one of the world’s largest alternative investment managers. Their growth has been driven by consistently competitive MYGA and FIA rates, combined with an A- (Excellent) AM Best rating that qualifies them for inclusion in most independent brokers’ recommended product sets.
Key Takeaways
- AM Best A- (Excellent) — qualifies for AnnuityJournal’s A-rated carrier threshold
- Owned by KKR — $500B+ in global assets under management
- Known for competitive MYGA and FIA rates across multiple terms
- Founded 2004 — shorter history than older carriers, but backed by significant capital
- Products available in most states through independent agents
Who Is Global Atlantic Best For?
Global Atlantic is a strong choice for rate-focused buyers who want to stay within the A-rated carrier universe. Their MYGA rates frequently appear in top-10 lists across 3, 5, and 7-year terms. Buyers comfortable with A- (vs. A+ or A++) rated carriers can often capture an additional 0.10%–0.30% in rate.
Global Atlantic Annuity Products
ForeAccumulation II — MYGA available in 3, 5, 7, and 10-year terms. Competitive rates. 10% free withdrawal. No annual fees. Minimum premium $10,000.
ForeIncome II — Fixed indexed annuity with optional lifetime income rider. S&P 500 point-to-point with annual cap. Suitable for accumulation with future income planning.
SecureFore 5 — 5-year MYGA with enhanced rate for first year. Straightforward product for buyers who want competitive guaranteed returns without complexity.
Financial Strength & Ratings
| Rating Agency | Rating |
|---|---|
| AM Best | A- (Excellent) |
| S&P Global | A- (Strong) |
| Fitch | A- (Strong) |
Global Atlantic Pros and Cons
| Pros | Cons |
|---|---|
| Competitive MYGA rates — frequently top-10 | A- rating — one notch below A or A+ |
| Backed by KKR’s massive capital base | Founded 2004 — shorter operating history |
| Multiple MYGA terms available | Not available in all states |
| Straightforward product lineup | Less name recognition than legacy carriers |
Frequently Asked Questions
Is Global Atlantic a good annuity company?
Global Atlantic holds an AM Best A- (Excellent) rating and is backed by KKR’s significant capital resources. They frequently offer competitive MYGA rates and have grown rapidly since 2004. The A- rating meets our minimum threshold for recommended carriers.
Who owns Global Atlantic?
KKR & Co. — one of the world’s largest alternative investment firms — acquired Global Atlantic in 2021. KKR manages over $500 billion in assets globally. This backing provides significant financial resources behind Global Atlantic’s insurance obligations.
