Commonwealth Annuity and Life Insurance Company

AFG enters into $5.7bn annuity reinsurance transaction with Global Atlantic

27th October 2020

American Financial Group, Inc. (AFG) has entered into a $5.7 billion fixed and fixed-indexed annuity reinsurance transaction with Commonwealth Annuity and Life Insurance Company, a subsidiary of Global Atlantic Financial Group Limited. Under the terms of the agreement, which has an effective date of October 1st, 2020, AFG's Annuity subsidiary, Great ... Read the full article