Forethought Life

Forethought Life Insurance Company is a long-standing U.S. life carrier whose public regulator profile shows earlier names (including Fairfield Life Insurance Company) and authorization in California dating to the early 1980s. [1] Over time, the Forethought platform became known for life insurance and annuity operations, including a meaningful presence in the preneed life insurance market, where coverage is often paired with funeral planning and sold through specialized distribution. [2]

A major turning point came in the 2010s. Global Atlantic Financial Group announced that it completed its acquisition of Houston-based Forethought Financial Group on January 2, 2014, bringing Forethought's products, distribution, marketing capabilities, and in-force business into a broader insurance-and-reinsurance organization. [2] Global Atlantic also said Forethought would continue operating its preneed life insurance and annuity businesses under the Forethought name, aiming for continuity of service for policyholders. [2]

That combination helps explain Forethought's modern positioning: leaning into stable, service-intensive niches while relying on scale and asset-liability discipline for long-duration promises. In describing its platform, Global Atlantic emphasized that it is a multiline insurance and reinsurance company and highlighted Forethought's diversified in-force life and annuity block and distribution reach across annuity and preneed markets. [2] In practice, Forethought's opportunity has been to keep specialized preneed and annuity solutions relevant as interest-rate cycles, regulation, and consumer preferences evolve.

Sources: [1] https://interactive.web.insurance.ca.gov/companyprofile/companyprofile?doFunction=getCompanyProfile&event=companyProfile&naic=91642 [2] https://commonwealth.globalatlantic.com/sites/commonwealth/files/2021-09/Global_Atlantic_Completes_Acquisition_of_Forethought_Financial_Group.pdf