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F&G Annuities & Life FG Life Insurance Product Line — Ceded Product Fees

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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 fg:CededProductFees.

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 itemThree months ended June 30, 2026 / Net Premiums EarnedThree months ended June 30, 2026 / Net Product FeesThree months ended June 30, 2026 / Net Benefits IncurredThree months ended June 30, 2025 / Net Premiums EarnedThree months ended June 30, 2025 / Net Product FeesThree months ended June 30, 2025 / Net Benefits Incurred
Direct$253$189$1,225$462$180$1,057
Ceded(19)(29)(76)(21)(12)(64)
Net$234$160$1,149$441$168$993

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's life insurance product line — ceded product fees?
F&G Annuities & Life (FG) reported life insurance product line — ceded product fees of $29M in Q2 2026.
How has F&G Annuities & Life's life insurance product line — ceded product fees changed year-over-year?
F&G Annuities & Life's life insurance product line — ceded product fees increased by 141.7% year-over-year, from $12M to $29M.
What does life insurance product line — ceded product fees mean?
Represents the portion of fee-based revenue from life insurance products that is ceded to reinsurers. This reflects the impact of reinsurance arrangements on the company's non-premium income streams, providing insight into the net retention of service-related earnings.

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