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F&G Annuities & Life FG FABN — Net liability, after reinsurance

Similar metrics at other companies

Fidelity National Financial logo
FNFFABN — Net liability, after reinsurance
$4.08B+44.0%
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FNFFHLB — Net liability, after reinsurance
$2.7B-6.9%
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FNFIndexed annuities — Net liability, after reinsurance
$28.27B-4.8%
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FNFUniversal Life — Net liability, after reinsurance
$2.64B+25.2%
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FNFFixed rate annuities — Net liability, after reinsurance
$6.14B+4.5%
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FNFFABN — Issuances
$750M+114%

Other financials

Income statement

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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

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Operating cash flow$1.5B-8.2%

Valuation

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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

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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:PolicyholderAccountBalanceNetOfReinsurance.

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)
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
Cash surrender value (e)$32,442$17,527$2,762N/AN/A

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's FABN — net liability, after reinsurance?
F&G Annuities & Life (FG) reported FABN — net liability, after reinsurance of $3.32B in Q2 2026.
How has F&G Annuities & Life's FABN — net liability, after reinsurance changed year-over-year?
F&G Annuities & Life's FABN — net liability, after reinsurance 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 — net liability, after reinsurance?
Over 2 years (2023 to 2025), F&G Annuities & Life's FABN — net liability, after reinsurance has grown at a 8.7% compound annual growth rate (CAGR), from $10.45B to $12.34B.
What does FABN — net liability, after reinsurance mean?
The net financial obligation for funding agreements remaining on the company's balance sheet after accounting for reinsurance recoveries. This figure represents the company's retained risk exposure for the institutional segment. It is a key metric for assessing the net capital requirements and long-term solvency impact of the funding agreement business.

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