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F&G Annuities & Life FG Deferred policy acquisition costs

Deferred policy acquisition costs at other companies

Prudential Financial logo
Prudential FinancialPRU
$21.88B+3.1%
Corebridge Financial logo
Corebridge FinancialCRBG
$8.84B-15.3%
Assured Guaranty logo
Assured GuarantyAGO
$201M+8.6%
Brighthouse Financial logo
Brighthouse FinancialBHF
$4.49B-3.2%
CNO Financial Group logo
CNO Financial GroupCNO
$2.51B+10.2%
Fidelity National Financial logo
Fidelity National FinancialFNF

Segments

By product

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Indexed annuities$2.35B+14.7%
Universal life$1.14B+26.8%
Fixed rate annuities$363M-11.9%

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:DeferredPolicyAcquisitionCosts.

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 LifeTotal (a)
Balance at January 1, 2026$2,205$402$1,021$3,628
Capitalization25016146412
Amortization(110)(55)(32)(197)
Balance at June 30, 2026$2,345$363$1,135$3,843
Indexed AnnuitiesFixed Rate AnnuitiesUniversal LifeTotal (a)
Balance at January 1, 2025$1,874$376$781$3,031
Capitalization26287138487
Amortization(92)(51)(24)(167)

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's deferred policy acquisition costs?
F&G Annuities & Life (FG) reported deferred policy acquisition costs of $3.84B in Q2 2026.
How has F&G Annuities & Life's deferred policy acquisition costs changed year-over-year?
F&G Annuities & Life's deferred policy acquisition costs increased by 14.7% year-over-year, from $3.35B to $3.84B.
What is the long-term trend for F&G Annuities & Life's deferred policy acquisition costs?
Over 4 years (2021 to 2025), F&G Annuities & Life's deferred policy acquisition costs has grown at a 47.1% compound annual growth rate (CAGR), from $775M to $3.63B.
What does deferred policy acquisition costs mean?
Costs of acquiring insurance policies deferred and amortized over policy life

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