Earnings summaries and quarterly performance for F&G Annuities & Life.
Executive leadership at F&G Annuities & Life.
Christopher O. Blunt
Detailed
Chief Executive Officer
CEO
CE
Conor E. Murphy
Detailed
President and Chief Financial Officer
LP
Leena Punjabi
Detailed
Executive Vice President, Chief Investment Officer
ML
Michael L. Gravelle
Detailed
Executive Vice President, General Counsel and Corporate Secretary
WJ
Wendy J.B. Young
Detailed
Executive Vice President, Chief Liability Officer
WP
William P. Foley, II
Detailed
Executive Chairman of the Board
Board of directors at F&G Annuities & Life.
Research analysts who have asked questions during F&G Annuities & Life earnings calls.
JB
John Barnidge
Piper Sandler
4 questions for FG
Also covers: AFL, AIZ, AMP +15 more
MH
Mark Hughes
Truist Securities
3 questions for FG
Also covers: AIZ, AJG, AMBC +41 more
WC
Wesley Carmichael
Autonomous Research
3 questions for FG
Also covers: ACGL, AFL, BHF +16 more
Alex Scott
Barclays PLC
1 question for FG
Also covers: ACGL, AFL, AIG +29 more
Anling Chen
Barclays
1 question for FG
MF
Maxwell Fisher
Truist Securities
1 question for FG
Also covers: OBDC, UNM
TS
Taylor Scott
BofA Securities
1 question for FG
Also covers: ACGL, AFL, AJG +12 more
Recent press releases and 8-K filings for FG.
F&G: Fidelity National Financial Sets Final Distribution Ratio for 12% Stake
FG
Dividends
M&A
- Fidelity National Financial, Inc. (FNF) announced the final distribution ratio for a special stock distribution of F&G Annuities & Life, Inc. (F&G) common stock to FNF shareholders.
- The distribution will consist of 16,280,204 shares of F&G common stock, representing approximately 12% of the outstanding shares of F&G common stock.
- FNF shareholders will receive six shares of F&G common stock for every 100 shares of FNF common stock held as of the December 17, 2025 Record Date.
- The Distribution Date is December 31, 2025, and the distribution is expected to be treated as a taxable dividend for U.S. federal income tax purposes.
Dec 18, 2025, 9:19 PM
FNF Announces Final Distribution Ratio for F&G Annuities & Life Stock Distribution
FG
Dividends
M&A
- Fidelity National Financial (FNF) will distribute 16,280,204 shares of F&G Annuities & Life (F&G) common stock, representing approximately 12% of F&G's outstanding shares, to FNF shareholders.
- FNF shareholders will receive six shares of F&G common stock for every 100 shares of FNF common stock held.
- The distribution is scheduled for December 31, 2025, to FNF shareholders of record as of December 17, 2025.
- This distribution is expected to be treated as a taxable dividend for U.S. federal income tax purposes, with cash provided in lieu of any fractional shares.
Dec 18, 2025, 9:15 PM
F&G Annuities & Life Announces Special Stock Distribution by Fidelity National Financial
FG
Dividends
- Fidelity National Financial, Inc. (FNF) announced a special stock distribution of approximately 16 million shares of F&G Annuities & Life, Inc. (F&G) common stock to FNF shareholders, representing about 12% of F&G's outstanding common stock.
- The distribution is scheduled for December 31, 2025, to shareholders of record as of 4:30 p.m. ET on December 17, 2025.
- FNF shareholders are estimated to receive approximately six shares of F&G common stock for every 100 shares of FNF common stock held.
- The distribution is intended to be structured as a taxable dividend for U.S. federal income tax purposes.
- The purpose of this distribution is to unlock shareholder value by enhancing market liquidity and broadening investor access to F&G's shares.
Nov 10, 2025, 12:41 PM
FG Reports Strong Q3 2025 Financial Results
FG
Earnings
Guidance Update
New Projects/Investments
- FG reported strong Q3 2025 performance with Gross Sales of $4.2 billion, an 8% increase from Q3 2024, and Net Sales of $2.8 billion, a 17% increase from Q3 2024.
- Assets Under Management (AUM) reached $56.6 billion, an 8% year-over-year increase, while AUM before flow reinsurance grew 14% year-over-year to $71.4 billion.
- The company achieved Adjusted Net Earnings (ANE) of $165 million or $1.22 per diluted share in Q3 2025, with an Adjusted Return on Equity (ROE) of 8.8%.
- FG returned $98 million in capital to shareholders year-to-date through Q3 2025.
- The company is making progress toward its 2023 Investor Day targets, which include growing AUM by 50% and increasing adjusted ROE ex AOCI and significant items to 13-14%.
Nov 7, 2025, 2:00 PM
F&G Reports Strong Q3 2025 Results and Announces F&F Equity Distribution
FG
Earnings
Dividends
Product Launch
- F&G reported strong Q3 2025 results, including record $71.4 billion in Assets Under Management (AUM) before Flow Reinsurance, a 14% increase from Q3 2023, and $4.2 billion in gross sales for the quarter.
- Adjusted net earnings for Q3 2025 were $165 million, or $1.22 per share, with an adjusted return on equity (ROE) excluding AOCI of 8.8%.
- The company's operating expense to AUM ratio decreased to 52 basis points in Q3 2025 from 62 basis points in Q3 2024, with expectations for continued improvement to approximately 50 basis points by year-end 2025.
- F&F, F&G's majority owner, plans to distribute approximately 12% of F&G's outstanding common stock to F&F shareholders, which will increase F&G's public float from 18% to approximately 30%. F&G also increased its dividend by 13.6%.
Nov 7, 2025, 2:00 PM
F&G Reports Strong Q3 2025 Results, Announces Increased Public Float and Dividend
FG
Earnings
Dividends
New Projects/Investments
- F&G delivered strong third-quarter 2025 results, achieving record Assets Under Management (AUM) before Flow Reinsurance of $71.4 billion and $4.2 billion in gross sales, marking one of its best sales quarters.
- For Q3 2025, adjusted net earnings were $165 million, or $1.22 per share. The adjusted return on assets (ROA) on a last 12-month basis was 92 basis points, and adjusted return on equity (ROE) excluding AOCI was 8.8%.
- F&F, F&G's majority owner, plans to distribute approximately 12% of F&G's outstanding common stock to F&F shareholders, which is expected to increase F&G's public float from 18% to 30%.
- The company increased its dividend by 13.6% and improved its operating expense to AUM before flow reinsurance ratio to 52 basis points in Q3 2025, down from 62 basis points in Q3 2024.
Nov 7, 2025, 2:00 PM
F&G Annuities & Life Announces Common Stock Dividend Increase and Preferred Stock Dividend
FG
Dividends
Convertible Preferred Issuance
- F&G Annuities & Life's Board of Directors declared a 14% increase in the quarterly cash dividend for common stock, raising it to $0.25 per share from $0.22 per share.
- This common stock dividend is payable on December 31, 2025, to stockholders of record as of December 17, 2025.
- A quarterly cash dividend of $0.859375 per share was also declared for F&G's 6.875% Series A Mandatory Convertible Preferred Stock, payable on January 15, 2026.
Nov 7, 2025, 12:30 PM
F&G Annuities & Life, Inc. Reports Strong Q3 2025 Earnings and Sales Growth
FG
Earnings
Revenue Acceleration/Inflection
New Projects/Investments
- F&G reported net earnings attributable to common shareholders of $114 million or $0.85 per diluted share for Q3 2025, a significant improvement from a net loss of ($10 million) or ($0.08 per diluted share) in Q3 2024.
- Gross sales increased by 8% to $4.238 billion and net sales grew by 17% to $2.800 billion in Q3 2025 compared to the prior year quarter.
- Assets Under Management (AUM) rose 8% year-over-year to $56.647 billion as of September 30, 2025.
- Adjusted net earnings attributable to common shareholders for Q3 2025 were $165 million, or $1.22 per diluted share, with an Adjusted Return on Equity (ROE) excluding AOCI of 8.8%.
- A new reinsurance sidecar was launched in Q3 2025, anticipating approximately $1 billion in capital commitments to support future growth.
Nov 6, 2025, 9:22 PM
F&G Annuities & Life Reports Third Quarter 2025 Results
FG
Earnings
Dividends
New Projects/Investments
- F&G Annuities & Life reported net earnings of $114 million, or $0.85 per diluted share, for the third quarter ended September 30, 2025, a significant improvement from a net loss of $10 million in the prior year quarter.
- Adjusted net earnings for Q3 2025 were $165 million, or $1.22 per share, compared to $156 million, or $1.22 per share, in Q3 2024.
- The company achieved record assets under management before flow reinsurance of $71.4 billion at the end of Q3 2025, marking a 14% increase over Q3 2024, driven by gross sales of $4.2 billion and net sales of $2.8 billion for the quarter.
- F&G returned $33 million of capital to shareholders in Q3 2025 and successfully launched a new reinsurance sidecar with approximately $1 billion in anticipated capital commitments, effective August 1, 2025.
Nov 6, 2025, 9:15 PM
FG Reports Record Sales and Earnings for Full Year 2024
FG
Earnings
Debt Issuance
Revenue Acceleration/Inflection
- FG reported record gross sales of $15.3 billion for the full year 2024, marking a 16% increase over 2023, with $3.5 billion in gross sales during Q4 2024. This included record retail channel sales of $12 billion for the full year, up 20% from 2023.
- Adjusted net earnings, excluding significant items, increased 22% to $657 million for the full year 2024 and 17% to $153 million for Q4 2024.
- The company achieved record assets under management (AUM) before flow and reinsurance of $65.3 billion at year-end 2024, representing a 17% increase over Q4 2023.
- Adjusted return on assets (ROA), excluding significant items, was 127 basis points for the full year 2024, an increase of 10 basis points over 2023. Adjusted return on equity (ROE), excluding AOCI and significant items, was 12% in Q4 2024.
- FG maintained a strong capital position with an estimated company action level Risk-Based Capital (RBC) ratio of over 410% for its primary operating subsidiary at year-end 2024, exceeding its 400% target. The company also completed capital markets activity, including issuing $500 million in senior notes in October 2024 and $375 million in junior subordinated notes in January 2025.
Feb 21, 2025, 2:00 PM
Quarterly earnings call transcripts for F&G Annuities & Life.
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