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F&G Annuities & Life FG PRT — Lapse rate

Similar metrics at other companies

Fidelity National Financial logo
FNFPRT — Lapses
0%
Fidelity National Financial logo
FNFImmediate annuities — Lapses
0%
Fidelity National Financial logo
FNFTraditional Life — Lapses
0.5%-0.1pp
Fidelity National Financial logo
FNFPRT — Current discount rate
5.3%-0.1pp
Fidelity National Financial logo
FNFPRT — Interest accretion rate
5%+0.1pp
Fidelity National Financial logo
FNFPRT — Issuances
$0

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:LongDurationContractsAssumptionsByProductAndGuaranteeLapseRate.

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, 2026 / Traditional lifeJune 30, 2026 / Immediate annuitiesJune 30, 2026 / PRTDecember 31, 2025 / Traditional lifeDecember 31, 2025 / Immediate annuitiesDecember 31, 2025 / PRT
Mortality
Actual experience2.1%1.4%2.9%2.4%2.4%2.6%
Expected experience1.7%1.7%2.5%1.6%1.7%2.5%
Lapses
Actual experience
Expected experience0.6%0.6%

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's PRT — lapse rate?
F&G Annuities & Life (FG) reported PRT — lapse rate of 0% in Q2 2026.
What does PRT — lapse rate mean?
The rate at which policyholders in the Pension Risk Transfer segment terminate their coverage or allow their policies to lapse before the expected maturity. Monitoring this rate is essential for assessing the stability of the block of business and the accuracy of long-term cash flow projections.

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