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F&G Annuities & Life FG PRT — Future policy benefits

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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:LiabilityForFuturePolicyBenefits.

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 itemJune 30, 2026December 31, 2025
Traditional life$1,215$1,270
Immediate annuities1,2351,276
PRT8,3138,112
Immediate annuities DPL8590
PRT DPL87
Total$10,856$10,755

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's PRT — future policy benefits?
F&G Annuities & Life (FG) reported PRT — future policy benefits of $8.31B in Q2 2026.
How has F&G Annuities & Life's PRT — future policy benefits changed year-over-year?
F&G Annuities & Life's PRT — future policy benefits increased by 22.8% year-over-year, from $6.77B to $8.31B.
What is the long-term trend for F&G Annuities & Life's PRT — future policy benefits?
Over 2 years (2023 to 2025), F&G Annuities & Life's PRT — future policy benefits has grown at a 50.3% compound annual growth rate (CAGR), from $12.67B to $28.61B.
What does PRT — future policy benefits mean?
This metric captures the total estimated liability for future benefit payments owed to policyholders within the Pension Risk Transfer segment. It is a critical measure of the long-term financial commitment the company has assumed from pension plan sponsors. High levels of these benefits reflect the scale and growth of the company's PRT market presence.

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