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Globe Life Inc. Globe Life ( GL) is an American financial services holding company listed on the New York Stock Exchange which operates through its wholly owned subsidiaries providing life insurance, annuity, and supplemental health insurance products. The company is based in McKinney, Texas .
General Atlantic, legal main entity General Atlantic Service Company, L.P., (also known as "GA") is an American growth equity firm providing capital and strategic support for global growth companies, headquartered in New York, United States. [2] The firm was founded in 1980 as the captive investment team for Atlantic Philanthropies, a ...
Global Atlantic’s study of retirement-age investors with at least $250,000 in investable assets revealed a clear shift toward stability, guaranteed income, and protection.
In February 2016, the company suspended sales of annuities and life insurance, putting the existing books of business into runoff. In June 2016, the company sold its term life insurance platform to Pacific Life. In October 2016, China Oceanwide Holdings Group agreed to buy the company for $2.7 billion.
Global Atlantic was founded in 2004 at Goldman Sachs and entered the Life and Annuity market by acquiring Commonwealth Annuity and Life Insurance Company (formerly Allmerica Financial) in 2005.
The Atlanta City Council and Mayor of Atlanta Shirley Franklin approved the new 25-year ASA lease, which also gave the airline new hangar space to work on 15 to 25 aircraft in overnight maintenance; previously, its aircraft were serviced at Concourse C. The airport property division stated that the hangar was built in the 1960s and renovated in ...
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