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F&G Annuities & Life FG Universal life — Issuances

Other product segments

Indexed annuities
$1.78B+1.1%
FHLB
$904M+328%
FABN
$750M+114%
Fixed rate annuities
$102M-94.7%

Similar metrics at other companies

Fidelity National Financial logo
FNFUniversal Life — Issuances
$60M+11.1%
Globe Life logo
GLInterest Sensitive Life — Issuances
$0
Globe Life logo
GLOther — Issuances
$5.21M-0.1%
Fidelity National Financial logo
FNFFABN — Issuances
$750M+114%
Fidelity National Financial logo
FNFFHLB — Issuances
$901M-12.1%
Globe Life logo
GLDeferred Annuity — Issuances
$186K+8.8%

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:PolicyholderAccountBalanceIssuance.

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)
Balance, beginning of year$33,226$19,265$3,292$3,324$2,898
Issuances3,4212861167501,805
Premiums received16333
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

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's universal life — issuances?
F&G Annuities & Life (FG) reported universal life — issuances of $56M in Q2 2026.
How has F&G Annuities & Life's universal life — issuances changed year-over-year?
F&G Annuities & Life's universal life — issuances decreased by 1.8% year-over-year, from $57M to $56M.
What is the long-term trend for F&G Annuities & Life's universal life — issuances?
Over 4 years (2021 to 2025), F&G Annuities & Life's universal life — issuances has grown at a 19.1% compound annual growth rate (CAGR), from $114M to $229M.
What does universal life — issuances mean?
This metric tracks the volume of new universal life insurance policies or contracts issued during the reporting period. It is a primary indicator of new business production and the company's ability to attract customers in the competitive life insurance market. Higher issuance volumes generally signal successful sales distribution and market demand for the company's products.

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