Global Atlantic acquires Forethought Financial

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Global Atlantic acquires Forethought Financial
Posted on : 30 Sep 2013, 22:08

Global Atlantic Financial Group, a multiline insurance and reinsurance company, has agreed to acquire Houston-based Forethought Financial Group, a financial services company with life insurance and annuity operations throughout the US.

"Forethought will continue to operate its businesses under the Forethought name. The deal is expected to close early in 2014, subject to regulatory approval. Terms of the deal were not disclosed.