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F&G Annuities & Life FG Traditional Life — Less: Reinsurance recoverable

Other product segments

Fixed rate annuities
$12.83B+6.9%
Indexed annuities
$5.66B+359%
Universal life
$883M+1.1%
Immediate annuities
$104M-4.6%
FABN
$0
FHLB
$0

Similar metrics at other companies

Lincoln National logo
LNCTraditional Life — Less: Reinsurance recoverables
$261M-27.5%
Fidelity National Financial logo
FNFTraditional Life — Less: Reinsurance recoverable
$498M-5.1%
Fidelity National Financial logo
FNFTraditional Life — Liability for Future Policy Benefit, after Reinsurance
$735M-6.4%
Ameriprise Financial logo
AMPLong Term Care Insurance — Less: reinsurance recoverable
$2.59B-0.8%
Aflac logo
AFLLife insurance — Less: reinsurance recoverable
$342M+1,610%
Ameriprise Financial logo
AMPTerm and Whole Life Insurance — Less: reinsurance recoverable
$401M-6.7%

Other financials

Income statement

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Revenue$1.2B+30.7%
Net income$248.0M+1,281%
EPS (diluted)$1.78+990%

Balance sheet

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Cash & equivalents$1.3B-59.8%
Total debt$2.2B+0.3%
Total equity$4.6B+6.3%
Total assets$101.03B+14.8%

Cash flow

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Operating cash flow$743.0M-22.3%

Valuation

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Market cap$3.69B-29.3%

Profitability

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Net margin8.9%-1.0pp

Returns & leverage

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Return on equity11.9%-0.9pp
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:LiabilityForFuturePolicyBenefitReinsuranceRecoverableAfterAllowance.

The official record: F&G Annuities & Life’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is F&G Annuities & Life's traditional life — less: reinsurance recoverable?
F&G Annuities & Life (FG) reported traditional life — less: reinsurance recoverable of $498M in Q1 2026.
How has F&G Annuities & Life's traditional life — less: reinsurance recoverable changed year-over-year?
F&G Annuities & Life's traditional life — less: reinsurance recoverable decreased by 5.1% year-over-year, from $525M to $498M.
What is the long-term trend for F&G Annuities & Life's traditional life — less: reinsurance recoverable?
Over 2 years (2023 to 2025), F&G Annuities & Life's traditional life — less: reinsurance recoverable has grown at a 0.9% compound annual growth rate (CAGR), from $1.97B to $2.01B.
What does traditional life — less: reinsurance recoverable mean?
This metric quantifies the portion of the Traditional Life insurance liabilities that is ceded to third-party reinsurers. It represents the amount the company expects to recover from reinsurers to offset future benefit payments. A higher value indicates a greater reliance on reinsurance to manage risk and capital requirements.