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F&G Annuities & Life FG Traditional Life — Future policy benefits
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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 item | Traditional life / June 30, 2026 | Traditional life / December 31, 2025 |
|---|---|---|
| Benefits payments | (100) | (230) |
| Ending balance at original discount rate | 2,086 | 2,167 |
| Effect of changes in discount rate assumptions | (329) | (312) |
| Balance, end of period | $1,757 | $1,855 |
| Net liability for future policy benefits | $1,215 | $1,270 |
| Less: Reinsurance recoverable | 510 | 489 |
| Net liability for future policy benefits, after reinsurance recoverable | $705 | $781 |
| Weighted-average duration of liability for future policyholder benefits (years) | 5.95 | 6.84 |
Item 1. Condensed Consolidated Financial Statements:
FAQ
- What is F&G Annuities & Life's traditional life — future policy benefits?
- F&G Annuities & Life (FG) reported traditional life — future policy benefits of $1.22B in Q2 2026.
- How has F&G Annuities & Life's traditional life — future policy benefits changed year-over-year?
- F&G Annuities & Life's traditional life — future policy benefits decreased by 6.8% year-over-year, from $1.3B to $1.22B.
- What is the long-term trend for F&G Annuities & Life's traditional life — future policy benefits?
- Over 2 years (2023 to 2025), F&G Annuities & Life's traditional life — future policy benefits has grown at a -1.7% compound annual growth rate (CAGR), from $5.35B to $5.17B.
- What does traditional life — future policy benefits mean?
- This is the total balance sheet reserve held to cover future obligations to policyholders in the Traditional Life segment. It represents the aggregate present value of expected future benefits minus the present value of expected future net premiums. It is a primary indicator of the company's long-term solvency and commitment to policyholders.
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