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F&G Annuities & Life FG Certain MYGA — Reinsurance recoverable, gross of allowance

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Other financials

Income statement

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Revenue$1.2B+30.7%
Net income$248.0M+1,281%
EPS (diluted)$1.78+990%

Balance sheet

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Cash & equivalents$1.3B-59.8%
Total debt$2.2B+0.3%
Total equity$4.6B+6.3%
Total assets$101.03B+14.8%

Cash flow

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Operating cash flow$743.0M-22.3%

Valuation

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Market cap$3.69B-29.3%

Profitability

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Net margin8.9%-1.0pp

Returns & leverage

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Return on equity11.9%-0.9pp
Debt / equity0.5×0.0×

Where this comes from

Reported directly by F&G Annuities & Life in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceRecoverablesGross.

The official record: F&G Annuities & Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is F&G Annuities & Life's certain MYGA — reinsurance recoverable, gross of allowance?
F&G Annuities & Life (FG) reported certain MYGA — reinsurance recoverable, gross of allowance of $8.52B in Q1 2026.
How has F&G Annuities & Life's certain MYGA — reinsurance recoverable, gross of allowance changed year-over-year?
F&G Annuities & Life's certain MYGA — reinsurance recoverable, gross of allowance increased by 5.7% year-over-year, from $8.06B to $8.52B.
What does certain MYGA — reinsurance recoverable, gross of allowance mean?
This metric represents the total gross amount of liabilities ceded to reinsurers specifically related to the Multi-Year Guarantee Annuity (MYGA) product segment. It reflects the contractual obligation of reinsurers to reimburse the company for claims and benefits paid under these specific annuity contracts before accounting for any potential credit losses. Monitoring this figure provides insight into the company's risk transfer strategy and the extent of its reliance on reinsurance partners to manage capital requirements for fixed-rate annuity products.