Overview
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- TickerFG on NYSE1
- IndustryLife Insurance1
- HeadquartersDes Moines, Iowa1
- Incorporated inDE2
- Business address801 Grand Ave, Suite 2600, Des Moines, Ia 503092
- Filer categoryAccelerated filer2
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Founded in 1959, F&G is a leading provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Our mission is to help people turn their aspirations into reality. As of December 31, 2025, F&G has approximately 778,000 policyholders who count on the safety and protection of our fixed annuity and life insurance products. We also serve approximately 145,000 plan participants who will receive their pension payments from F&G through our pension risk transfer solutions.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs94¢$5.4B
- Income tax1¢$52.0M
- Profit5¢$265.0M
Out of $5.7B in revenue.5
Where each dollar of operating cash went, fiscal 2025
- Share buybacks0¢$10.0M
- Kept or used elsewhere100¢$4.7B
Out of $4.7B of cash from operations.5
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Life insurance premiums and other fees | $2.8B | $2.9B | $2.4B |
| Interest and investment income | $2.8B | $2.7B | $2.2B |
| Owned distribution revenues | $89.0M | $81.0M | $0 |
| Recognized gains and (losses), net | $10.0M | $84.0M | -$124.0M |
| Total revenues | $5.7B | $5.7B | $4.5B |
| Benefits and other changes in policy reserves | $4.0B | $3.8B | $3.6B |
| Market risk benefit losses (gains) | $167.0M | -$25.0M | $95.0M |
| Depreciation and amortization | $665.0M | $569.0M | $412.0M |
| Personnel costs | $293.0M | $296.0M | $232.0M |
| Other operating expenses | $156.0M | $203.0M | $146.0M |
| Interest expense | $164.0M | $132.0M | $97.0M |
| Total benefits and expenses | $5.4B | $5.0B | $4.5B |
| Earnings (loss) before income taxes | $323.0M | $778.0M | -$35.0M |
| Income tax expense | $52.0M | $136.0M | $23.0M |
| Net earnings (loss) | $271.0M | $642.0M | -$58.0M |
| Less: Non-controlling interests | $6.0M | $3.0M | $0 |
| Net earnings (loss) | $265.0M | $639.0M | -$58.0M |
| Less: Preferred stock dividend | $17.0M | $17.0M | $0 |
| Net earnings (loss) attributable to F&G common shareholders | $248.0M | $622.0M | -$58.0M |
| Net earnings (loss) per share attributable to F&G common shareholders, basic (in usd per share) | $1.89 | $4.98 | -$0.47 |
| Net earnings (loss) per share attributable to F&G common shareholders, diluted (in usd per share) | $1.88 | $4.88 | -$0.47 |
| Weighted average shares outstanding F&G common stock, basic basis (in shares) | 131.0M shares | 125.0M shares | 124.0M shares |
| Weighted average shares outstanding F&G common stock, diluted basis (in shares) | 132.0M shares | 131.0M shares | 124.0M shares |
| Remeasurement gains | $28.0M | $20.0M | $7.0M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturity securities available for sale, at fair value, at December 31, 2025 and 2024, at an amortized cost of $55,292 and $49,729, respectively, net of allowance for credit losses of $104 and $62, respectively | $52.7B | $46.3B | ||
| Derivative investments | $1.1B | $792.0M | ||
| Mortgage loans, net of allowance for credit losses of $86 and $70 at December 31, 2025 and 2024, respectively | $7.9B | $5.9B | ||
| Investments in unconsolidated affiliates (2025 includes $262 related to investments held by consolidated variable interest entities (VIEs) and 2025 and 2024 include certain investments at fair value of $270 and $272, respectively) | $4.9B | $3.6B | ||
| Other long-term investments (2025 includes $248 related to investments held by consolidated VIEs) | $1.3B | $580.0M | ||
| Policy loans | $147.0M | $104.0M | ||
| Short-term investments (2025 includes $116 related to investments held by consolidated VIEs) | $1.0B | $2.4B | ||
| Total investments | $69.4B | $60.1B | ||
| Cash and cash equivalents (2025 includes $2 related to investments held by consolidated VIEs) | $1.5B | $2.3B | ||
| Reinsurance recoverable, net of allowance for credit losses of $18 and $20 at December 31, 2025 and 2024, respectively | $17.5B | $13.4B | ||
| Goodwill | $2.2B | $2.2B | ||
| Prepaid expenses and other assets (certain assets held at fair value of $24 and $11 at December 31, 2025 and 2024, respectively) | $1.1B | $950.0M | ||
| Other intangible assets, net | $6.3B | $5.6B | ||
| Market risk benefits asset | $285.0M | $189.0M | ||
| Income taxes receivable | $83.0M | $0 | ||
| Deferred tax asset, net | $82.0M | $299.0M | ||
| Total assets | $98.4B | $84.9B | ||
| Contractholder funds | $62.7B | $56.4B | ||
| Future policy benefits | $10.8B | $8.7B | ||
| Market risk benefits liability | $903.0M | $549.0M | ||
| Accounts payable and accrued liabilities | $2.7B | $2.2B | ||
| Income taxes payable | $0 | $5.0M | ||
| Notes payable | $2.2B | $2.2B | ||
| Funds withheld for reinsurance liabilities | $14.2B | $10.8B | ||
| Total liabilities | $93.5B | $80.9B | ||
| Preferred stock $0.001 par value; authorized 25,000,000 shares; outstanding and issued 5,000,000 as of December 31, 2025 and 2024 | $0 | $0 | ||
| F&G common stock, $0.001 par value; authorized 500,000,000 shares as of December 31, 2025 and 2024; outstanding of 135,610,292 and 126,792,844, respectively, and issued of 137,056,106 and 127,952,143, respectively | $0 | $0 | ||
| Additional paid-in-capital | $3.8B | $3.5B | ||
| Retained earnings | $2.6B | $2.4B | ||
| "Accumulated other comprehensive income (loss) (""AOCI"")" | -$1.5B | -$1.9B | ||
| Treasury stock, at cost (1,445,814 shares and 1,159,299 shares as of December 31, 2025 and 2024, respectively) | -$40.0M | -$30.0M | ||
| Total F&G Annuities & Life, Inc. shareholders' equity | $4.8B | $4.0B | ||
| Non-controlling interests | $113.0M | $125.0M | ||
| Total equity | $4.9B | $4.1B | $3.1B | $2.4B |
| Total liabilities and equity | $98.4B | $84.9B | ||
| Fixed maturity securities, available-for-sale securities, amortized cost | $55.3B | $49.7B | ||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | $104.0M | $62.0M | $35.0M | |
| Allowance for credit losses | $86.0M | $70.0M | $66.0M | |
| Investments in unconsolidated affiliates at fair value | $270.0M | $272.0M | ||
| Other long-term investments | $248.0M | $0 | ||
| Allowance for credit losses, reinsurance recoverable | $18.0M | $20.0M | $21.0M | |
| Assets held at fair value | $24.0M | $11.0M | ||
| Preferred stock, par or stated value per share (in dollars per share) | $0.00 | |||
| Preferred stock, shares authorized (in shares) | 25.0M shares | |||
| Common stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares outstanding (in shares) | 135.6M shares | 126.8M shares | 126.3M shares | 126.4M shares |
| Common stock, shares issued (in shares) | 137.1M shares | 128.0M shares | ||
| Treasury stock (in shares) | 1.4M shares | 1.2M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturity securities available for sale, at fair value, at December 31, 2025 and 2024, at an amortized cost of $55,292 and $49,729, respectively, net of allowance for credit losses of $104 and $62, respectively | $52.7B | $46.3B | ||
| Derivative investments | $1.1B | $792.0M | ||
| Mortgage loans, net of allowance for credit losses of $86 and $70 at December 31, 2025 and 2024, respectively | $7.9B | $5.9B | ||
| Investments in unconsolidated affiliates (2025 includes $262 related to investments held by consolidated variable interest entities (VIEs) and 2025 and 2024 include certain investments at fair value of $270 and $272, respectively) | $4.9B | $3.6B | ||
| Other long-term investments (2025 includes $248 related to investments held by consolidated VIEs) | $1.3B | $580.0M | ||
| Policy loans | $147.0M | $104.0M | ||
| Short-term investments (2025 includes $116 related to investments held by consolidated VIEs) | $1.0B | $2.4B | ||
| Total investments | $69.4B | $60.1B | ||
| Cash and cash equivalents (2025 includes $2 related to investments held by consolidated VIEs) | $1.5B | $2.3B | ||
| Reinsurance recoverable, net of allowance for credit losses of $18 and $20 at December 31, 2025 and 2024, respectively | $17.5B | $13.4B | ||
| Goodwill | $2.2B | $2.2B | ||
| Prepaid expenses and other assets (certain assets held at fair value of $24 and $11 at December 31, 2025 and 2024, respectively) | $1.1B | $950.0M | ||
| Other intangible assets, net | $6.3B | $5.6B | ||
| Market risk benefits asset | $285.0M | $189.0M | ||
| Income taxes receivable | $83.0M | $0 | ||
| Deferred tax asset, net | $82.0M | $299.0M | ||
| Total assets | $98.4B | $84.9B | ||
| Contractholder funds | $62.7B | $56.4B | ||
| Future policy benefits | $10.8B | $8.7B | ||
| Market risk benefits liability | $903.0M | $549.0M | ||
| Accounts payable and accrued liabilities | $2.7B | $2.2B | ||
| Income taxes payable | $0 | $5.0M | ||
| Notes payable | $2.2B | $2.2B | ||
| Funds withheld for reinsurance liabilities | $14.2B | $10.8B | ||
| Total liabilities | $93.5B | $80.9B | ||
| Preferred stock $0.001 par value; authorized 25,000,000 shares; outstanding and issued 5,000,000 as of December 31, 2025 and 2024 | $0 | $0 | ||
| F&G common stock, $0.001 par value; authorized 500,000,000 shares as of December 31, 2025 and 2024; outstanding of 135,610,292 and 126,792,844, respectively, and issued of 137,056,106 and 127,952,143, respectively | $0 | $0 | ||
| Additional paid-in-capital | $3.8B | $3.5B | ||
| Retained earnings | $2.6B | $2.4B | ||
| "Accumulated other comprehensive income (loss) (""AOCI"")" | -$1.5B | -$1.9B | ||
| Treasury stock, at cost (1,445,814 shares and 1,159,299 shares as of December 31, 2025 and 2024, respectively) | -$40.0M | -$30.0M | ||
| Total F&G Annuities & Life, Inc. shareholders' equity | $4.8B | $4.0B | ||
| Non-controlling interests | $113.0M | $125.0M | ||
| Total equity | $4.9B | $4.1B | $3.1B | $2.4B |
| Total liabilities and equity | $98.4B | $84.9B | ||
| Fixed maturity securities, available-for-sale securities, amortized cost | $55.3B | $49.7B | ||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | $104.0M | $62.0M | $35.0M | |
| Allowance for credit losses | $86.0M | $70.0M | $66.0M | |
| Investments in unconsolidated affiliates at fair value | $270.0M | $272.0M | ||
| Other long-term investments | $248.0M | $0 | ||
| Allowance for credit losses, reinsurance recoverable | $18.0M | $20.0M | $21.0M | |
| Assets held at fair value | $24.0M | $11.0M | ||
| Preferred stock, par or stated value per share (in dollars per share) | $0.00 | |||
| Preferred stock, shares authorized (in shares) | 25.0M shares | |||
| Common stock, par or stated value per share (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 500.0M shares | 500.0M shares | ||
| Common stock, shares outstanding (in shares) | 135.6M shares | 126.8M shares | 126.3M shares | 126.4M shares |
| Common stock, shares issued (in shares) | 137.1M shares | 128.0M shares | ||
| Treasury stock (in shares) | 1.4M shares | 1.2M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earnings (loss) | $271.0M | $642.0M | -$58.0M |
| Depreciation and amortization | $665.0M | $569.0M | $412.0M |
| (Gain) loss on sales of investments and other assets and asset impairments, net | $128.0M | -$210.0M | $461.0M |
| Interest credited/index credits to contractholder account balances | $202.0M | $1.3B | $1.4B |
| Change in market risk benefits, net | $167.0M | -$25.0M | $95.0M |
| Deferred policy acquisition costs and deferred sales inducements | -$1.3B | -$1.4B | -$1.1B |
| Charges assessed to contractholders for mortality and administration | -$330.0M | -$291.0M | -$255.0M |
| Distributions from unconsolidated affiliates, return on investment | $176.0M | $108.0M | $104.0M |
| Stock-based compensation cost | $31.0M | $29.0M | $23.0M |
| Change in NAV of limited partnerships, net | -$349.0M | -$350.0M | -$220.0M |
| Change in valuation of derivatives, equity and preferred securities and other assets, net | -$144.0M | $60.0M | -$347.0M |
| Change in reinsurance recoverable | -$5.0M | -$19.0M | $94.0M |
| Change in derivative collateral liabilities | $249.0M | $91.0M | $410.0M |
| Change in future policy benefits | $1.7B | $1.9B | $1.3B |
| Change in funds withheld from reinsurers | $3.3B | $3.8B | $3.4B |
| Net change in income taxes | $22.0M | $103.0M | -$4.0M |
| Net change in other assets and other liabilities | -$103.0M | -$264.0M | $81.0M |
| Net cash provided by operating activities | $4.7B | $6.0B | $5.8B |
| Proceeds from sales, calls and maturities of investments | $14.3B | $11.3B | $5.3B |
| Additions to property and equipment and capitalized software | -$15.0M | -$24.0M | -$27.0M |
| Purchases of investment securities | -$22.5B | -$16.9B | -$13.3B |
| Net proceeds from sales, maturities and purchases of short-term investment securities | $1.5B | -$1.1B | -$28.0M |
| Other acquisitions/disposals, net of cash acquired | $0 | -$482.0M | $0 |
| Additional investments in unconsolidated affiliates | -$2.4B | -$1.1B | -$1.1B |
| Net increase in policy loans | -$43.0M | -$33.0M | -$19.0M |
| Distributions from unconsolidated affiliates, return of investment | $694.0M | $478.0M | $340.0M |
| Net change in notes receivable | -$10.0M | -$13.0M | $0 |
| Net cash used in investing activities | -$8.4B | -$8.0B | -$8.9B |
| Borrowings | $375.0M | $1.1B | $845.0M |
| Debt issuance costs | -$11.0M | -$20.0M | -$16.0M |
| Payment of contingent consideration for acquisitions | -$10.0M | $0 | $0 |
| Net revolving credit facility (repayments) borrowings | $0 | -$365.0M | -$185.0M |
| Repayments of outstanding debt | -$300.0M | -$250.0M | $0 |
| Dividends paid | -$137.0M | -$121.0M | -$101.0M |
| Dividends and distributions paid to non-controlling interest shareholders | -$18.0M | -$14.0M | $0 |
| Purchases of treasury stock | -$10.0M | -$12.0M | -$18.0M |
| Issuance of preferred stock | $0 | $250.0M | $0 |
| Issuance of common stock | $269.0M | $0 | $0 |
| Contractholder account deposits | $11.6B | $10.1B | $7.8B |
| Contractholder account withdrawals | -$8.8B | -$8.0B | -$4.6B |
| Net cash provided by (used in) financing activities | $3.0B | $2.7B | $3.7B |
| Net (decrease) increase in cash and cash equivalents | -$778.0M | $701.0M | $603.0M |
No quarter-by-quarter statement was filed.
Corporate structure
F&G Annuities & Life, Inc. is part of a group headed by Fidelity National Financial. 34 entities, 3 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
- Fidelity National Financial Jacksonville, Florida, United States
- F&G Annuities & Life, Inc. Des Moines, Iowa
- CF Bermuda Holdings Limited Subsidiary · Bermuda
- Corbeau Re, Inc. Subsidiary · Vermont, United States
- DCMT Worldwide, LLC Subsidiary · Delaware, United States
- F&G Cayman Re Ltd. Subsidiary · Cayman Islands
- F&G Life Re Ltd Subsidiary · Bermuda
- FGL US Holdings Inc. Subsidiary · Delaware, United States
- Fidelity & Guaranty Life Assignment, LLC Subsidiary · Maryland, United States
- Fidelity & Guaranty Life Brokerage, Inc. Subsidiary · Maryland, United States
- Fidelity & Guaranty Life Business Services, Inc. Subsidiary · Delaware, United States
- Fidelity & Guaranty Life Holdings, Inc. Subsidiary · Delaware, United States
- Fidelity & Guaranty Life Insurance Agency, Inc. Subsidiary · Maryland, United States
- Fidelity & Guaranty Life Insurance Company Subsidiary · Iowa, United States
- Fidelity & Guaranty Life Insurance Company of New York Subsidiary · New York, United States
- Fidelity & Guaranty Securities, LLC Subsidiary · Delaware, United States
- Freedom Equity Group, L.L.C. Subsidiary · Delaware, United States
- PALH, LLC Subsidiary · Delaware, United States
- Peak Altitude Equity, LLC Subsidiary · Delaware, United States
- Raven Reinsurance Company Subsidiary · Vermont, United States
- Roar Joint Venture, LLC Subsidiary · Delaware, United States
- Specialty Lending Company LLC Subsidiary · Delaware, United States
- Syncis Holdings, LLC Subsidiary · Delaware, United States
- Treaty Ash Residential Mortgage Trust Subsidiary · Delaware, United States
- Treaty Oak Mortgage Trust Subsidiary · Delaware, United States
- 317 CL FLORIDA LLC Subsidiary · Armonk, New York, United States
- Chicago Title Insurance Company Subsidiary · Florida, United States
- Commonwealth Land Title Insurance Company Subsidiary · Florida, United States
- Fidelity National Title Group, Inc. Subsidiary · Delaware, United States
- Fidelity National Title Insurance Company Subsidiary · Florida, United States
- FNTG Holdings, LLC Subsidiary · Delaware, United States
- LoanCare, LLC Subsidiary · Virginia Beach, Virginia, United States
- MISSION SERVICING RESIDENTIAL, INC. Subsidiary · Irving, Texas, United States
- ServiceLink Holdings, Inc. Subsidiary · Delaware, United States
- F&G Annuities & Life, Inc. Des Moines, Iowa
Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.
What it owns
What F&G Annuities & Life, Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $1.5B5 Dec 31, 2025 | $2.3B5 Dec 31, 2024 | −34.4% |
| Stakes in other companies (equity method) | $4.9B5 Dec 31, 2025 | $3.6B5 Dec 31, 2024 | +36.8% |
| Loans, net of allowance | $7.9B5 Dec 31, 2025 | $5.9B5 Dec 31, 2024 | +33.2% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $2.2B5 Dec 31, 2025 | $2.2B5 Dec 31, 2024 | 0% |
| Intangible assets, net (excluding goodwill) | $551.0M5 Dec 31, 2025 | $562.0M5 Dec 31, 2024 | −2.0% |
Properties, in its own words
Our headquarters are in leased facilities at 801 Grand Avenue, in Des Moines, Iowa. We also have leased space for our primary operations in Hamilton, Bermuda; George Town, Cayman Islands; and New York, New York. We believe our existing facilities are suitable and adequate for our present purposes and operations.
Item 2 of the 10-K filed Feb 26, 2026.4
Leadership
Who has led F&G Annuities & Life, Inc., and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
2025
- Chief executive officerChristopher O. Blunt Nov 18, 2022 to now11
- ChairWilliam P. Foley Ii. Nov 18, 2022 to now12
- PresidentConor Murphy Nov 13, 2025 to now13
- PresidentScott D. Cochran Mar 1, 2023 to Nov 7, 202314
- PresidentChristopher O. Blunt Nov 18, 2022 to Feb 14, 202411
- PresidentJohn David Currier Jr. Nov 18, 2022 to Mar 5, 202515
- Chief financial officerMark Wiltse Jul 6, 2026 to Aug 6, 202616
- Chief financial officerMichael H. Bailey Aug 6, 2026 to now17
- Chief financial officerConor Murphy Apr 3, 2025 to Jul 6, 202618
- Chief financial officerWendy J.b. Young Nov 18, 2022 to Mar 5, 202519
Board members and other officers (10)
- EVP, Senior AdvisorJohn David Currier Jr. Nov 18, 2025 to now20
- Chief Investment OfficerLeena Punjabi Nov 18, 2022 to now21
- OfficerScott D. Cochran Nov 18, 2022 to Dec 5, 202222
- Board memberDouglas Martinez Apr 4, 2023 to now23
- Board memberCelina J. Wang Doka Jul 6, 2023 to now24
- Board memberChristopher O. Blunt Nov 18, 2022 to now11
- Board memberJohn D. Rood Nov 18, 2022 to now25
- Board memberRaymond R. Quirk Nov 18, 2022 to now26
- General counselMichael L. Gravelle Feb 27, 2025 to now27
- General counselWendy J.b. Young Nov 13, 2025 to now28
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- CF Bermuda Holdings Limited Bermuda3
- Corbeau Re, Inc. Vermont3
- DCMT Worldwide, LLC Delaware3
- F&G Cayman Re Ltd. Cayman Islands3
- F&G Life Re Ltd Bermuda3
- FGL US Holdings Inc. Delaware3
- Fidelity & Guaranty Life Assignment, LLC Maryland3
- Fidelity & Guaranty Life Brokerage, Inc. Maryland3
- Fidelity & Guaranty Life Business Services, Inc. Delaware3
- Fidelity & Guaranty Life Holdings, Inc. Delaware3
- Fidelity & Guaranty Life Insurance Agency, Inc. Maryland3
- Fidelity & Guaranty Life Insurance Company Iowa3
- Fidelity & Guaranty Life Insurance Company of New York New York3
- Fidelity & Guaranty Securities, LLC Delaware3
- Freedom Equity Group, L.L.C. Delaware3
- PALH, LLC Delaware3
- Peak Altitude Equity, LLC Delaware3
- Raven Reinsurance Company Vermont3
- Roar Joint Venture, LLC Delaware3
- Specialty Lending Company LLC Delaware3
- Syncis Holdings, LLC Delaware3
- Treaty Ash Residential Mortgage Trust Delaware3
- Treaty Oak Mortgage Trust Delaware3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Oct 5, 20268-K Results of operations; Regulation FD disclosure29
- Aug 5, 20268-K Results of operations; Regulation FD disclosure30
- Jul 8, 20268-K Results of operations; Regulation FD disclosure31
- Jun 25, 20268-K Shareholder vote32
- Jun 16, 20268-K Entered a material agreement; Executive or director change33
- May 6, 20268-K Results of operations; Regulation FD disclosure34
- Apr 1, 20268-K Other events35
- Feb 19, 20268-K Results of operations; Regulation FD disclosure36
- Dec 18, 20258-K Other events37
- Nov 10, 20258-K Other events38
- Nov 6, 20258-K Results of operations; Regulation FD disclosure39
- Aug 8, 20258-K Entered a material agreement; Executive or director change40
- Nov 18, 2022New chief executive Christopher O. Blunt becomes CEO11
Calendar
Coming up
- Nov 5, 2026 · After the closeReports results for the quarter ending Sep/2026 A year earlier it reported $1.22 a share, on Nov 6, 2025.41
When it reported results
- Oct 5, 2026Reported quarterly or annual results29
- Aug 5, 2026Reported quarterly or annual results30
- Jul 8, 2026Reported quarterly or annual results31
- May 6, 2026Reported quarterly or annual results34
- Feb 19, 2026Reported quarterly or annual results36
- Nov 6, 2025Reported quarterly or annual results39
- Aug 6, 2025Reported quarterly or annual results42
- May 7, 2025Reported quarterly or annual results43
Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar
Filings
346 filings to the SEC since October 2021: 6 annual reports, 11 quarterly reports, 50 major events, 204 insider forms, 3 large holders, 72 other. The latest 20:
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 5, 20264 PRIMARY DOCUMENT EDGAR
- Oct 5, 20268-K EDGAR
- Oct 2, 20264 PRIMARY DOCUMENT EDGAR
- Sep 15, 20264 PRIMARY DOCUMENT EDGAR
- Aug 6, 20263 PRIMARY DOCUMENT EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 5, 20268-K EDGAR
- Jul 8, 20268-K EDGAR
- Jul 6, 20263 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jul 6, 20264 PRIMARY DOCUMENT EDGAR
- Jun 25, 20268-K EDGAR
- Jun 16, 20268-K EDGAR
- May 7, 202610-Q EDGAR
- May 6, 20268-K EDGAR
- Apr 30, 2026ARS EDGAR
- Apr 30, 2026DEFA14A EDGAR
The 346 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
31 open-market trades by officers, directors and large owners since October 2021: 29 buys and 2 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Mar 13, 2026 | Doka Celina J. WangDirector | Buy | 4,760 | $20.98 | $99.9K | Form 4 |
| Mar 13, 2026 | Blunt Christopher OChief Executive Officer | Buy | 10,000 | $20.99 | $209.9K | Form 4 |
| Jan 2, 2026 | Blunt Christopher OChief Executive Officer | Buy | 5,000 | $29.56 | $147.8K | Form 4 |
| Nov 19, 2025 | Blunt Christopher OChief Executive Officer | Buy | 5,000 | $29.88 | $149.4K | Form 4 |
| Sep 18, 2025 | Punjabi LeenaEVP, Chief Investment Officer | Sale | 3,000 | $33.81 | $101.4K | Form 4 |
| Sep 2, 2025 | Blunt Christopher OChief Executive Officer | Buy | 7,000 | $34.02 | $238.1K | Form 4 |
| May 19, 2025 | Blunt Christopher OChief Executive Officer | Buy | 6,000 | $31.88 | $191.3K | Form 4 |
| May 16, 2025 | Blunt Christopher OChief Executive Officer | Buy | 5,000 | $32.11 | $160.6K | Form 4 |
| May 15, 2025 | Blunt Christopher OChief Executive Officer | Buy | 15,000 | $30.78 | $461.7K | Form 4 |
| May 12, 2025 | Blunt Christopher OChief Executive Officer | Buy | 15,000 | $31.31 | $469.6K | Form 4 |
| May 9, 2025 | Blunt Christopher OChief Executive Officer | Buy | 10,000 | $30.80 | $308.0K | Form 4 |
| Mar 27, 2025 | Gravelle Michael LEVP, General Counsel & Corp S | Buy | 7,000 | $36.00 | $252.0K | Form 4 |
| Mar 27, 2025 | Blunt Christopher OChief Executive Officer | Buy | 10,000 | $35.96 | $359.6K | Form 4 |
| Mar 25, 2025 | Doka Celina J. WangDirector | Buy | 3,000 | $35.24 | $105.7K | Form 4 |
| Mar 25, 2025 | Blunt Christopher OChief Executive Officer | Buy | 10,000 | $35.65 | $356.5K | Form 4 |
| Mar 24, 2025 | Blunt Christopher OChief Executive Officer | Buy | 10,000 | $35.03 | $350.3K | Form 4 |
| Mar 24, 2025 | Fidelity National Financial, Inc.10% owner | Buy | 4,500,000 | $33.60 | $151.2M | Form 4 |
| Nov 11, 2024 | Punjabi LeenaEVP, Chief Investment Officer | Sale | 1,250 | $47.01 | $58.8K | Form 4 |
| Sep 27, 2024 | Doka Celina J. WangDirector | Buy | 10 | $44.17 | $432 | Form 4 |
| Oct 3, 2023 | Blunt Christopher OChief Executive Officer | Buy | 5,000 | $26.38 | $131.9K | Form 4 |
All 31 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Fidelity National FinancialSCHEDULE 13G/A, 3 filings Feb 10, 2023 to Jan 7, 202644
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
| Year | Executive | Age | Salary | Total pay |
|---|---|---|---|---|
| 2025 | Conor E. MurphyPresident and Chief Financial Officer | 57 | $399.8K | $8.6M45 |
| 2025 | David E. MartinSenior Vice President, Investments Chief Operating Officer | $350.0K | $1.3M45 | |
| 2025 | Michael L. GravelleExecutive Vice President, General Counsel and Corporate Secretary | 64 | $600.0K45 |
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Fidelity National Financial, Inc. | 94,662,347 | $2.5B | 79.5% | No change |
| BlackRock, Inc. | 3,377,244 | $89.8M | 0.0% | −736,109 |
| Livforsakringsbolaget Skandia, Omsesidigt | 217,919 | $71.3M | 2.3% | +199,340 |
| Brave Warrior Advisors, LLC | 2,482,417 | $66.0M | 1.4% | −2,870,724 |
| Bank Of America Corp /de/ | 2,224,783 | $59.2M | 0.0% | +2,182,595 |
| Dimensional Fund Advisors LP | 2,136,347 | $56.8M | 0.0% | +656,168 |
| Vanguard Portfolio Management LLC | 1,975,976 | $52.5M | 0.0% | −11,065 |
| Vanguard Capital Management LLC | 1,544,055 | $41.1M | 0.0% | −267,708 |
| State Street Corp | 1,432,065 | $38.1M | 0.0% | +602,648 |
| Nomura Asset Management International Inc. | 1,263,189 | $33.6M | 0.1% | +1,388 |
| Ameriprise Financial Inc | 1,157,776 | $30.8M | 0.0% | +194,110 |
| Goldman Sachs Group Inc | 1,098,799 | $29.2M | 0.0% | +757,518 |
| First Trust Advisors LP | 1,032,974 | $27.5M | 0.0% | New |
| Geode Capital Management, LLC | 939,465 | $25.0M | 0.0% | +35,165 |
| American Century Companies Inc | 844,172 | $22.4M | 0.0% | +211,834 |
| Morgan Stanley | 608,711 | $16.2M | 0.0% | +95,475 |
| Charles Schwab Investment Management Inc | 589,966 | $15.7M | 0.0% | +101,191 |
| Millennium Management LLC | 561,973 | $14.9M | 0.0% | +16,911 |
| Bank of New York Mellon Corp | 507,986 | $13.5M | 0.0% | +96,532 |
| Northern Trust Corp | 445,364 | $11.8M | 0.0% | +56,975 |
| Norges Bank | 443,301 | $11.8M | 0.0% | New |
| Nuveen, LLC | 430,520 | $11.4M | 0.0% | −134,998 |
| Invesco Ltd. | 428,501 | $11.4M | 0.0% | +317,650 |
| Hotchkis & Wiley Capital Management LLC | 357,310 | $9.5M | 0.0% | +3,560 |
| PDT Partners, LLC | 318,273 | $8.5M | 0.4% | +91,398 |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How F&G Annuities & Life, Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARF&G Annuities & Life, Inc.1
- CIK0001934850
- Employer ID (EIN)85-24874224
- Filer statusAccelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
- Incorporated inDelaware4
- Fiscal year endsDecember 311
- Industry code (SIC)6311 Life Insurance1
- SEC reviewing officeOffice of Finance, Division of Corporation Finance1
- Business address801 Grand Ave, Suite 2600, Des Moines, IA 503091
- Phone866-846-46601
- Shares outstanding130,935,209 as of Jul 31, 20269
- Public float$667.8M as of Jun 30, 20254
- AuditorErnst & Young LLP, Des Moines, Iowa PCAOB ID 42; it also attests to the company’s internal control over financial reporting4
- On EDGAR sinceJul 20, 20221
- Filings347 in all: 4 (172), 8-K (50), 3 (18), 5 (14), CORRESP (12), 10-Q (11), UPLOAD (10), 424B5 (8)1
All 34 form types
10-K (4), ARS (4), DEF 14A (4), DEFA14A (4), FWP (4), 10-12B/A (3), CERT (3), EFFECT (3), 10-K/A (2), 144 (2), 8-A12B (2), DRS (2), SCHEDULE 13G/A (2), 10-12B (1), 305B2 (1), 424B3 (1), 424B4 (1), DRSLTR (1), S-1 (1), S-1MEF (1), S-3 (1), S-3ASR (1), S-4 (1), S-8 (1), SC 13G (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Feb 26, 2026
Quarterly report (10-Q) Aug 6, 2026
Proxy statement (DEF 14A) Apr 30, 2026
Latest 8-K (8-K) Oct 5, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Common stock, par value $0.001 per share | FG | New York Stock Exchange |
| 7.950% Senior Notes due 2053 | FGN | New York Stock Exchange |
| 7.300% Junior Subordinated Notes due 2065 | FGSN | New York Stock Exchange |
From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).4
Risk factors and legal proceedings
The risks F&G Annuities & Life, Inc. names in Item 1A of its 10-K filed Feb 26, 2026: 67 risks under these headings, as written.4
- Risks Related to Our Business
- Our debt instruments may restrict our current and future operations, particularly our ability to respond to changes or to take certain actions.
- Our ability to grow depends in large part upon the continued availability of capital.
- A financial strength ratings downgrade, potential downgrade, or any other negative action by a rating agency could increase our cost of capital, making it challenging to grow our business, and could hinder our ability to participate in certain market segments, thereby adversely affecting our results of operations and our financial condition.
- We may face losses if our actual experience differs significantly from our reserving assumptions.
- Our valuation of investments and the determinations of the amounts of allowances and impairments taken on our investments may include methodologies, estimates and assumptions which are subject to differing interpretations and, if changed, could materially adversely affect our results of operations and financial condition.
- Change in our evaluation of the recoverability of our deferred tax assets could materially adversely affect our results of operations and financial condition.
- We have recorded goodwill as a result of past acquisitions, and adverse events affecting the value of our reporting unit could cause the balance to become impaired, requiring write-downs that would reduce our operating income.
- If we are unable to attract and retain national marketing organizations and independent agents, sales of our products may be reduced.
- We operate in a highly competitive industry, which could limit our ability to gain or maintain our position in the industry and could materially adversely affect our business, financial condition and results of operations.
- Concentration in certain states for the distribution of our products may subject us to losses attributable to economic downturns or catastrophes in those states.
- Concentration in one or more of our products may subject us to greater volatility of sales if such products experienced a significant decrease in sales.
The other 56 risks
- We are subject to the credit risk of our counterparties, including companies with whom we have reinsurance agreements or from whom we have purchased options.
- Our business could be interrupted or compromised if we experience difficulties arising from outsourcing relationships.
- The loss of key personnel could negatively affect our financial results and impair our ability to implement our business strategy.
- Our risk management policies and procedures may not capture unidentified or unanticipated risk, which could negatively affect our business or result in losses.
- F&G has a subsidiary focused on acquiring minority and/or majority ownership in indexed universal life and annuity Independent Marketing Organizations (“IMO”). While these acquisitions are intended to diversify our
- earnings, they present several risks that could adversely affect our business, financial condition and operating results.
- Interruption or other operational failures in telecommunication, information technology and other operational systems, or a failure to maintain the security, integrity, confidentiality or privacy of sensitive data residing on such systems, including as a result of human error, could result in a loss or disclosure of confidential information, damage to our reputation, monetary losses, additional costs and impairment of our ability to conduct business effectively.
- Security breaches like the June 2023 MOVEit incident and other disruptions to our information technology infrastructure could compromise Company, consumer and customer information, interfere with our operations, cause us to incur significant costs for remediation and enhancement of our IT systems and expose us to legal liability, all of which could have a substantial negative impact on our business and reputation.
- Advancements in Artificial Intelligence, Machine Learning, and Large Language Models (“AI/ML/LLM”) pose risks and challenges.
- The new and emerging types of AI and their uses are very early stage in the industry and may be subject to many uncertain future developments and regulations.
- We rely on our investment management advisory agreements (“IMA”) with Blackstone ISG-I Advisors LLC (“BIS”) and other investment managers and sub-managers for the management of portions of certain of our life insurance companies’ investment portfolios.
- We have a long-term contractual relationship with BIS that limits our ability to terminate this relationship or retain another investment manager without BIS’s consent.
- The historical performance of BIS, or any other asset manager we engage, should not be considered as indicative of the future results of our investment portfolio, our future results or any returns expected on our common stock.
- Increased regulation or scrutiny of alternative investment advisers, arrangements with such investment advisers and investment activities may affect BIS’s or, if engaged, any other asset manager’s ability to manage our investment portfolio or impact the reputation of our business.
- Risks Related to Economic Conditions and Market Conditions
- Conditions in the economy generally could adversely affect our business, results of operations and financial condition.
- Our investments are subject to geopolitical risk. The geopolitical events such as the on-going conflicts in Russia, Ukraine and the Middle East may adversely affect our business, financial condition, results of operations and cash flows.
- Changes in trade policies, tariffs, or global economic conditions could materially affect our business and financial results.
- Our investments are subject to market risks that could be heightened during periods of extreme volatility or disruption in financial and credit markets.
- Our investments are subject to credit risks of the underlying issuer, borrower, or physical collateral which can change over time with the credit cycle.
- Interest rate fluctuations could adversely affect our business, financial condition, liquidity and results of operations.
- Equity market volatility could negatively impact our business.
- We are exposed to liquidity risk as a result of our other risks.
- Our business could be materially and adversely affected by the occurrence of a catastrophe, including natural or man-made disasters.
- Legal, Regulatory and Tax Risks
- Our business is highly regulated and subject to numerous legal restrictions and regulations.
- Risks associated with a shutdown of the United States Government
- Our business in the United States is regulated by the National Association of Insurance Commissioners (“NAIC”), which continues to consider reforms including relating to cybersecurity regulations, best interest standards, risk-based capital (“RBC”) and life insurance reserves.
- Current and emerging developments relating to market conduct standards for the financial industry emerging from the United States Department of Labor’s (“DOL”) implementation of the “fiduciary rule” may over time materially affect our business.
- Changes to regulations under ERISA could adversely affect the Company by increasing the Company’s regulatory and compliance burden.
- Our regulation in Bermuda and the Cayman Islands may limit or curtail our activities, and changes to existing regulations may affect our ability to continue to offer our existing products and services, or new products and services.
- The SECURE 2.0 Act of 2022 may impact our business and the markets in which we compete.
- The amount of statutory capital that our insurance subsidiaries have and the amount of statutory capital that they must hold to maintain their financial strength ratings and meet other requirements can vary significantly from time to time due to a number of factors outside of our control.
- New accounting rules or changes to existing accounting standards could adversely impact our reported results of operations.
- Changes in federal or state tax laws may affect sales of our products and profitability.
- Changes in tax law may increase our future tax liabilities and related compliance costs.
- The redemption of our preferred stock may require a significant amount of cash and may result in adverse tax consequences.
- We may be the target of future litigation, law enforcement investigations or increased scrutiny which may negatively affect our operations or financial strength or reduce profitability.
- We may not be able to protect our intellectual property and may be subject to infringement claims.
- Changing rules, public disclosure regulations and stakeholder expectations on environmental, social and corporate governance (“ESG”) related matters create a variety of risks for our business.
- Risks Relating to Our Indebtedness and Financing
- We are a holding company and depend on distributions from our subsidiaries for cash.
- Risks Related to the Separation and Distribution and our Status as a Subsidiary of Fidelity National Financial, Inc. (“FNF”)
- Although we have past history of operating as a public company, our historical financial information and summary historical financial information are not necessarily representative of the results that we would have achieved as a separate, publicly traded company and may not be a reliable indicator of our future results.
- FNF is our principal shareholder and retains significant rights with respect to our governance and certain corporate actions. In certain cases, FNF may have interests which differ from our other shareholders.
- Certain of our directors may have actual or potential conflicts of interest because of their FNF equity ownership or their current or former FNF positions.
- Provisions in our amended and restated certificate of incorporation and bylaws, and of Delaware law, may prevent or delay an acquisition of us, which could decrease the trading price of our common stock.
- We are a “controlled company” within the meaning of the New York Stock Exchange (“NYSE”) rules and, as a result, we qualify for, and rely on, exemptions from certain corporate governance requirements.
- FNF or F&G may fail to perform under various transaction agreements that were executed as part of the separation and distribution, or we may fail to have necessary systems and services in place when certain of the transaction agreements expire.
- In connection with the separation and distribution, FNF has agreed to indemnify us for certain liabilities, and we have agreed to indemnify FNF for certain liabilities. If we are required to pay under these indemnities to FNF, our financial results could be negatively impacted. FNF’s indemnification of us may not be sufficient to hold us harmless from the full amount of all liabilities that will be allocated to us, and FNF may not be able to satisfy its indemnification obligations in the future.
- We may have received better terms from unaffiliated third parties than the terms we received in our agreements with FNF.
- Insurance holding company laws generally provide that no person, corporation or other entity may acquire control of an insurance company, which is presumed to exist if a person owns, directly or indirectly, 10% or more of the voting securities of an insurance company, without the prior approval of such insurance company’s domiciliary state insurance regulator. Persons considering an investment in our common stock should take into consideration their ownership of FNF voting securities and consult their own legal advisors regarding such laws in light of their particular circumstances.
- Our amended and restated bylaws contain an exclusive forum provision that could limit our shareholders’ ability to choose a judicial forum that they find favorable for certain disputes with us or our directors, officers, shareholders, employees or agents, and may discourage lawsuits with respect to such claims.
- We and certain of our subsidiaries file consolidated federal income tax returns with FNF.
- Risks Related to Our Common Stock and Preferred Stock
- Our stock price may fluctuate significantly.
- If we are unable to implement and maintain the effectiveness of our internal control over financial reporting, our investors may lose confidence in the accuracy and completeness of our financial reports, which could adversely affect our stock price.
- Our common stock is subordinated to our preferred stock.
- Substantial sales of our common stock may occur which could cause our stock price to be volatile and to decline.
- We cannot guarantee the timing, amount or payment of dividends on our common stock or preferred stock in the future.
- Your percentage of ownership in F&G may be diluted in the future.
Legal proceedings
See discussion of legal proceedings in Note N - Commitments and Contingencies to the Consolidated Financial Statements included in Item 8 of Part II of this Annual Report on Form 10-K, which is incorporated by reference into this Item 3 of Part I.
The opening of Item 3, Legal Proceedings.4
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARWilliam P. Foley Ii., Chair
- 13SEC EDGARConor Murphy, President
- 14SEC EDGARScott D. Cochran, President
- 15SEC EDGARJohn David Currier Jr., President
- 16SEC EDGARMark Wiltse, Chief financial officer
- 17
- 18
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- 22SEC EDGARScott D. Cochran, Officer
- 23SEC EDGARDouglas Martinez, Board member
- 24SEC EDGARCelina J. Wang Doka, Board member
- 25SEC EDGARJohn D. Rood, Board member
- 26SEC EDGARRaymond R. Quirk, Board member
- 27SEC EDGARMichael L. Gravelle, General counsel
- 28SEC EDGARWendy J.b. Young, General counsel
- 29
- 30
- 31
- 32SEC EDGARShareholder vote
- 33
- 34
- 35SEC EDGAROther events
- 36
- 37SEC EDGAROther events
- 38SEC EDGAROther events
- 39
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- 41NasdaqNasdaq calendar
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