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F&G Annuities & Life FG Universal life — Interest credited

Other product segments

Indexed annuities
$369M+144%
Fixed rate annuities
$223M+3.7%
FABN
$39M+56.0%
FHLB
$17M-32.0%

Similar metrics at other companies

Fidelity National Financial logo
FNFUniversal Life — Interest credited
$57M+26.7%
Horace Mann Educators logo
HMNIndexed Universal Life — Interest credited
$2M+150%
Reinsurance Group of America logo
RGALife Insurance Product Line — Interest credited
$22M-24.1%
Globe Life logo
GLInterest Sensitive Life — Interest credited
$6.76M-1.6%
CNO Financial Group logo
CNOInterest-sensitive life — Interest credited
$20.7M+30.2%
Horace Mann Educators logo
HMNExperience life — Interest credited
$700K0.0%

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$3.87B-13.5%
Enterprise value$4.01B-16.9%
P/E9.3×-3.9×
P/S0.6×-0.2×

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:InterestCreditedToPolicyholdersAccountBalances.

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 itemIndexed annuitiesFixed rate annuitiesUniversal lifeFABN (a)FHLB (a)
Policy charges (b)(121)(208)
Surrenders and withdrawals(1,990)(1,142)(73)
Benefit payments(260)(193)(9)(813)(1,450)
Interest credited6144451297842
Other(3)8
Balance, end of period34,90318,6613,5803,3393,303
Reconciling items (c)2192144(15)
Gross liability, end of period35,12218,6633,7243,3243,303

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's universal life — interest credited?
F&G Annuities & Life (FG) reported universal life — interest credited of $72M in Q2 2026.
How has F&G Annuities & Life's universal life — interest credited changed year-over-year?
F&G Annuities & Life's universal life — interest credited increased by 84.6% year-over-year, from $39M to $72M.
What is the long-term trend for F&G Annuities & Life's universal life — interest credited?
Over 4 years (2021 to 2025), F&G Annuities & Life's universal life — interest credited has grown at a 11.4% compound annual growth rate (CAGR), from $118M to $182M.
What does universal life — interest credited mean?
Represents the interest expense accrued and credited to universal life policyholder account balances during the period. This reflects the cost of funds for the insurance company and the growth component provided to policyholders. It is a key driver of policyholder retention and the overall profitability of the universal life product line.

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