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F&G Annuities & Life FG Universal life — Net amount at risk

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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:PolicyholderAccountBalanceNetAmountAtRisk.

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 universal life — net amount at risk?
F&G Annuities & Life (FG) reported universal life — net amount at risk of $29.65B in Q1 2026.
How has F&G Annuities & Life's universal life — net amount at risk changed year-over-year?
F&G Annuities & Life's universal life — net amount at risk decreased by 61.0% year-over-year, from $75.93B to $29.65B.
What is the long-term trend for F&G Annuities & Life's universal life — net amount at risk?
Over 2 years (2023 to 2025), F&G Annuities & Life's universal life — net amount at risk has grown at a -2.9% compound annual growth rate (CAGR), from $220.09B to $207.6B.
What does universal life — net amount at risk mean?
Represents the difference between the death benefit payable and the current policyholder account balance for universal life products. This metric quantifies the insurer's net mortality risk exposure if all insured events were to occur simultaneously. It is a fundamental measure of the insurance risk inherent in the universal life portfolio.