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F&G Annuities & Life FG FABN — Gross liability, end of period

Other product segments

Indexed annuities
$35.12B+10.3%
Fixed rate annuities
$18.66B-3.2%
Universal life
$3.72B+19.1%
FHLB
$3.3B+34.9%
Immediate annuities
$252M-9.0%
PRT
$6M0.0%
Traditional Life
$4M-20.0%

Similar metrics at other companies

Fidelity National Financial logo
FNFFABN — Gross liability, end of period
$4.08B+44.0%
Fidelity National Financial logo
FNFPRT — Gross liability, end of period
$6M0.0%
Fidelity National Financial logo
FNFFHLB — Gross liability, end of period
$2.7B-6.9%
Fidelity National Financial logo
FNFImmediate annuities — Gross liability, end of period
$259M-8.5%
Fidelity National Financial logo
FNFIndexed annuities — Gross liability, end of period
$33.92B+9.7%
Fidelity National Financial logo
FNFTraditional Life — Gross liability, end of period
$4M-20.0%

Other financials

Income statement

See full
Revenue$1.4B+4.2%
Net income-$76.0M-290%
EPS (diluted)-$0.62-338%

Balance sheet

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Cash & equivalents$2.1B+11.6%
Total debt$2.3B+0.3%
Total equity$4.6B+3.9%
Total assets$103.59B+12.8%

Cash flow

See full
Operating cash flow$1.5B-8.2%

Valuation

See full
Market cap$3.62B-22.0%
Enterprise value$3.77B-24.7%
P/E8.7×-5.0×
P/S0.6×-0.3×

Profitability

See full
Net margin6.9%+0.4pp

Returns & leverage

See full
Return on equity9.2%+0.8pp
Debt / equity0.5×0.0×

Where this comes from

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

Tagged under the XBRL concept fg:PolicyHolderAccountBalanceGrossLiability.

The source filing: F&G Annuities & Life’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:08 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0001934850-26-000085
Line itemIndexed annuitiesFixed rate annuitiesUniversal lifeFABN (a)FHLB (a)
Other(3)8
Balance, end of period34,90318,6613,5803,3393,303
Reconciling items (c)2192144(15)
Gross liability, end of period35,12218,6633,7243,3243,303
Less: Reinsurance recoverable6,68112,691890
Net liability, after reinsurance$28,441$5,972$2,834$3,324$3,303
Weighted-average crediting rate3.67%4.81%7.81%N/AN/A
Net amount at risk (d)N/AN/A$29,759N/AN/A

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's FABN — gross liability, end of period?
F&G Annuities & Life (FG) reported FABN — gross liability, end of period of $3.32B in Q2 2026.
How has F&G Annuities & Life's FABN — gross liability, end of period changed year-over-year?
F&G Annuities & Life's FABN — gross liability, end of period increased by 17.2% year-over-year, from $2.84B to $3.32B.
What is the long-term trend for F&G Annuities & Life's FABN — gross liability, end of period?
Over 2 years (2023 to 2025), F&G Annuities & Life's FABN — gross liability, end of period has grown at a 8.7% compound annual growth rate (CAGR), from $10.45B to $12.34B.
What does FABN — gross liability, end of period mean?
Represents the total undiscounted contractual obligation owed to policyholders or institutional contract holders within the Funding Agreement segment at the end of the reporting period. This metric reflects the gross financial exposure of the insurer before accounting for any risk-mitigating reinsurance arrangements. It serves as a primary indicator of the scale of the company's institutional funding obligations.

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