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F&G Annuities & Life FG Traditional Life — Mortality rate

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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-22.0%
Enterprise value$4.01B-24.7%
P/E9.3×-5.3×
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:LongDurationContractsAssumptionsByProductAndGuaranteeMortalityRate.

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 traditional life — mortality rate?
F&G Annuities & Life (FG) reported traditional life — mortality rate of 2.1% in Q2 2026.
How has F&G Annuities & Life's traditional life — mortality rate changed year-over-year?
F&G Annuities & Life's traditional life — mortality rate increased by 5.0% year-over-year, from 2% to 2.1%.
What is the long-term trend for F&G Annuities & Life's traditional life — mortality rate?
Over 2 years (2023 to 2025), F&G Annuities & Life's traditional life — mortality rate has grown at a 17.8% compound annual growth rate (CAGR), from 6.2% to 8.6%.
What does traditional life — mortality rate mean?
The statistical frequency of policyholder deaths within the traditional life insurance portfolio compared to the total insured population. This is a primary actuarial assumption used to price products and estimate future benefit payments.

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