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F&G Annuities & Life FG Life Insurance Product Line — Direct

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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:PolicyholderBenefitsAndClaimsIncurredGross.

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 — direct?
F&G Annuities & Life (FG) reported life insurance product line — direct of $1.23B in Q2 2026.
How has F&G Annuities & Life's life insurance product line — direct changed year-over-year?
F&G Annuities & Life's life insurance product line — direct increased by 15.9% year-over-year, from $1.06B to $1.23B.
What is the long-term trend for F&G Annuities & Life's life insurance product line — direct?
Over 2 years (2021 to 2023), F&G Annuities & Life's life insurance product line — direct has grown at a -17.1% compound annual growth rate (CAGR), from $3.07B to $2.11B.
What does life insurance product line — direct mean?
Represents the total gross premiums written or collected by the life insurance segment before accounting for reinsurance cessions. This metric reflects the raw market demand and sales volume for the company's life insurance products, serving as a primary indicator of top-line growth and market penetration.

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