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F&G Annuities & Life FG Life Insurance Product Line — Premiums Earned, Net

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

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:PremiumsEarnedNet.

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 — premiums earned, net?
F&G Annuities & Life (FG) reported life insurance product line — premiums earned, net of $234M in Q2 2026.
How has F&G Annuities & Life's life insurance product line — premiums earned, net changed year-over-year?
F&G Annuities & Life's life insurance product line — premiums earned, net decreased by 46.9% year-over-year, from $441M to $234M.
What is the long-term trend for F&G Annuities & Life's life insurance product line — premiums earned, net?
Over 4 years (2021 to 2025), F&G Annuities & Life's life insurance product line — premiums earned, net has grown at a 16.1% compound annual growth rate (CAGR), from $1.18B to $2.14B.
What does life insurance product line — premiums earned, net mean?
Calculated as gross premiums earned minus the portion ceded to reinsurers, representing the actual premium revenue retained by the company. This is a key measure of the core insurance business's ability to generate sustainable revenue after accounting for risk-sharing agreements.

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