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F&G Annuities & Life FG Universal life — Policyholder Account Balance, Benefit Payment

Other product segments

FABN
$783M+2,600%
FHLB
$328M-52.3%
Indexed annuities
$145M
Fixed rate annuities
$100M

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$31M-27.9%
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PRUVariable Universal Life — Policyholder Account Balance, Benefit Payment
$11M-15.4%
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BHFUniversal Life Insurance — Policyholder Account Balance, Benefit Payment
$15M-16.7%
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HMNIndexed Universal Life — Policyholder Account Balance, Benefit Payment
$400K

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:PolicyholderAccountBalanceBenefitPayment.

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)
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
Balance, end of period34,90318,6613,5803,3393,303
Reconciling items (c)2192144(15)

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's universal life — policyholder account balance, benefit payment?
F&G Annuities & Life (FG) reported universal life — policyholder account balance, benefit payment of $4M in Q2 2026.
What is the long-term trend for F&G Annuities & Life's universal life — policyholder account balance, benefit payment?
Over 3 years (2021 to 2024), F&G Annuities & Life's universal life — policyholder account balance, benefit payment has grown at a -1.8% compound annual growth rate (CAGR), from $19M to $18M.
What does universal life — policyholder account balance, benefit payment mean?
Measures the total cash outflows from universal life policyholder account balances resulting from death benefit claims or other contractual benefit triggers. This reflects the core insurance risk realization for the segment and the company's obligation to beneficiaries. Monitoring these payments is essential for assessing long-term mortality risk and cash flow management.

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