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F&G Annuities & Life FG Indexed annuities — Deferred Policy Acquisition Costs, Amortization Expense

Other product segments

Fixed rate annuities
$27M+3.8%
Universal life
$16M+33.3%

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BHFIndex-linked Annuities — Deferred Policy Acquisition Costs, Amortization Expense
$78M+20.0%
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BHFVariable Annuities — Deferred Policy Acquisition Costs, Amortization Expense
$51M-5.6%

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-13.5%
Enterprise value$4.01B-16.9%
P/E9.3×-3.9×
P/S0.6×-0.2×

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 us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.

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 LifeTotal (a)
Balance at January 1, 2026$2,205$402$1,021$3,628
Capitalization25016146412
Amortization(110)(55)(32)(197)
Balance at June 30, 2026$2,345$363$1,135$3,843
Indexed AnnuitiesFixed Rate AnnuitiesUniversal LifeTotal (a)
Balance at January 1, 2025$1,874$376$781$3,031
Capitalization26287138487
Amortization(92)(51)(24)(167)

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's indexed annuities — deferred policy acquisition costs, amortization expense?
F&G Annuities & Life (FG) reported indexed annuities — deferred policy acquisition costs, amortization expense of $56M in Q2 2026.
How has F&G Annuities & Life's indexed annuities — deferred policy acquisition costs, amortization expense changed year-over-year?
F&G Annuities & Life's indexed annuities — deferred policy acquisition costs, amortization expense increased by 19.1% year-over-year, from $47M to $56M.
What is the long-term trend for F&G Annuities & Life's indexed annuities — deferred policy acquisition costs, amortization expense?
Over 2 years (2023 to 2025), F&G Annuities & Life's indexed annuities — deferred policy acquisition costs, amortization expense has grown at a 39.0% compound annual growth rate (CAGR), from $103M to $199M.
What does indexed annuities — deferred policy acquisition costs, amortization expense mean?
This represents the periodic expense recognized as deferred policy acquisition costs are systematically charged against income over the expected life of the indexed annuity contracts. It reflects the matching of acquisition costs with the revenue generated by the policies. Increasing amortization may signal a maturing portfolio or changes in expected policy persistency.

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