INDIANAPOLIS--(BUSINESS WIRE)--Forethought Life Insurance Company, a subsidiary of Global Atlantic Financial Group Limited, has been named by Ward’s 50 as a top life and health insurance company. This is Forethought’s fifth consecutive year to be named to the list by Ward Group, an Aon Hewitt company and the leading provider of benchmarking and best practice services for insurance companies.
“It’s a tremendous honor to be recognized by Ward’s 50 for five years straight, said Michael Reardon, President, Forethought Life Insurance Company. “Our continued financial strength and solid performance is a reflection of the hard work and commitment to excellence of our high caliber employees, quarter after quarter.”
In naming the recipients annually, Ward Group adheres to an objective methodology based on financial and performance metrics analyzing nearly 800 companies over five consecutive years. Insurance companies are evaluated and must pass minimum thresholds of assets and return levels, among other metrics, to be considered for the Ward’s 50 designation.
Each of the top fifty companies is awarded the Ward's 50® Seal. Each Ward's 50® company has also passed all safety and consistency screens and achieved superior performance over the five years analyzed.
Ward Group has conducted the Ward's 50 analysis since 1991. It is a financial analysis of the insurance industry based on publicly available data and conducted independently of the Ward Group annual benchmarking programs.
About Forethought Life Insurance Company
Forethought Life Insurance Company provides a full suite of annuities and a leading preneed life insurance platform to help solve the pre-retirement, retirement and end-of-life challenges facing Americans today. A targeted strategy delivers multifaceted product lines to customers through key distribution relationships across the country. Experienced leadership and financial discipline underlie strong growth and success in the marketplace.
Forethought is a subsidiary of Global Atlantic Financial Group Limited, a multi-line insurance and reinsurance company with over $30 billion in assets and 10 offices. Global Atlantic was founded at Goldman Sachs in 2004 and separated as an independent company in April of 2013.