KKR's (KKR) Global Atlantic Enters $10B Group Annuity Reinsurance Agreement With Equitable (EQH)
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Global Atlantic Announces $10 Billion Group Annuity Reinsurance Agreement With Equitable
August 16, 2022 8:46 AM EDTHAMILTON, Bermuda--(BUSINESS WIRE)-- Global Atlantic Financial Group (Global Atlantic), a leading financial services company, today announced it has signed an agreement with Equitable Financial Life Insurance Company (Equitable) to reinsure a portion of its group retirement annuities. The business Global Atlantic will reinsure currently has $10 billion in general account and separate account value.
Under the... More
