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F&G Annuities & Life FG Fixed rate annuities — Market risk benefits asset

Other product segments

Indexed annuities
$364M

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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$3.87B-22.0%
Enterprise value$4.01B-24.7%
P/E9.3×-5.3×
P/S0.6×-0.3×

Profitability

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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 us-gaap:MarketRiskBenefitAssetAmount.

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 itemJune 30, 2026 / DirectJune 30, 2026 / ReinsuredJune 30, 2026 / TotalDecember 31, 2025 / DirectDecember 31, 2025 / ReinsuredDecember 31, 2025 / Total
MRB asset
Indexed annuities$73$291$364$88$197$285
Fixed rate annuities
Total MRB asset$73$291$364$88$197$285
MRB liability
Indexed annuities$1,098$3$1,101$900$2$902
Fixed rate annuities1111
Total MRB liability$1,099$3$1,102$901$2$903

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's fixed rate annuities — market risk benefits asset?
F&G Annuities & Life (FG) reported fixed rate annuities — market risk benefits asset of $0 in Q2 2026.
How has F&G Annuities & Life's fixed rate annuities — market risk benefits asset changed year-over-year?
F&G Annuities & Life's fixed rate annuities — market risk benefits asset decreased by 100.0% year-over-year, from $213M to $0.
What does fixed rate annuities — market risk benefits asset mean?
This metric represents the fair value of assets held to offset market risk benefits embedded within fixed rate annuity contracts. It reflects the company's hedging or investment strategy designed to cover specific market-linked guarantees. A higher asset value indicates a robust position to meet potential market-related obligations.

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