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F&G Annuities & Life FG Indexed annuities — Effects of market related movements

Other product segments

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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$3.62B-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:MarketRiskBenefitIncreaseDecreaseFromEquityMarketChange.

The source filing: F&G Annuities & Life’s 10-Q, filed May 7, 2026.

Filed
May 7, 2026, 4:59 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001934850-26-000057
Line itemMarch 31, 2026 / IndexedannuitiesMarch 31, 2026 / Fixed rateannuitiesDecember 31, 2025 / IndexedannuitiesDecember 31, 2025 / Fixed rateannuities
Attributed fees collected and interest accrual44156
Actual policyholder behavior different from expected5345
Changes in assumptions and other(10)8
Effects of market related movements(12)6
Balance, end of period, before effect of changes in the instrument-specific credit risk80416841
Effect of changes in the instrument-specific credit risk80128
Balance, end of period, net liability88418121
Less: reinsured market risk benefits225195

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's indexed annuities — effects of market related movements?
F&G Annuities & Life (FG) reported indexed annuities — effects of market related movements of -$12M in Q1 2026.
How has F&G Annuities & Life's indexed annuities — effects of market related movements changed year-over-year?
F&G Annuities & Life's indexed annuities — effects of market related movements decreased by 120.7% year-over-year, from $58M to -$12M.
What does indexed annuities — effects of market related movements mean?
This metric measures the impact of fluctuations in market indices, interest rates, and equity markets on the valuation of indexed annuity liabilities. It demonstrates the segment's exposure to external market volatility and the effectiveness of the company's hedging programs. Investors use this to evaluate how sensitive the company's earnings are to broader economic conditions.

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