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

Other product segments

Indexed annuities
$1.1B+55.1%

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$4.24B-6.3%

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

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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:MarketRiskBenefitLiabilityAmount.

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 liability?
F&G Annuities & Life (FG) reported fixed rate annuities — market risk benefits liability of $1M in Q2 2026.
How has F&G Annuities & Life's fixed rate annuities — market risk benefits liability changed year-over-year?
F&G Annuities & Life's fixed rate annuities — market risk benefits liability decreased by 0.0% year-over-year, from $1M to $1M.
What is the long-term trend for F&G Annuities & Life's fixed rate annuities — market risk benefits liability?
Over 2 years (2023 to 2025), F&G Annuities & Life's fixed rate annuities — market risk benefits liability has grown at a 0.0% compound annual growth rate (CAGR), from $4M to $4M.
What does fixed rate annuities — market risk benefits liability mean?
This metric represents the estimated liability for market-linked guarantees provided to fixed rate annuity policyholders. It captures the present value of expected future payments that are sensitive to market performance. Monitoring this liability is essential for understanding the long-term cost of providing guaranteed benefits.

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