Global Atlantic in $5.7bn annuity reinsurance transaction with Great American

June 29, 2021 by Luke Gallin

Global Atlantic Financial Group Limited, a U.S. retirement, life re/insurance company, has completed a $5.7 billion fixed and fixed-indexed annuity reinsurance transaction with Great American Life Insurance Company, an affiliate of American Financial Group.

Global Atlantic is set to co-invest in the transaction, alongside its subsidiaries, by leveraging the third-party capital benefits of its Ivy reinsurance Co-Investment Vehicle.

Click HERE to read the full story via Reinsurance News

Originally Posted at Reinsurance News on June 24, 2021 by Luke Gallin.