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F&G Annuities & Life FG Long-term investments

Long-term investments at other companies

Prudential Financial logo
Prudential FinancialPRU
$481.84B+4.6%
Corebridge Financial logo
Corebridge FinancialCRBG
$264.55B+4.1%
Fidelity National Financial logo
Fidelity National FinancialFNF
$73.23B+14.1%
Assured Guaranty logo
Assured GuarantyAGO
$8.93B+851%
Brighthouse Financial logo
Brighthouse FinancialBHF
$125.03B+3.5%
CNO Financial Group logo
CNO Financial GroupCNO
$30.74B+7.5%

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:Investments.

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 itemJune 30,2026December 31,2025
Other long-term investments (2026 and 2025 include $264 and $248 related to investments held by consolidated VIEs)1,3151,294
Policy loans171147
Short-term investments (2026 and 2025 include $34 and $116 related to investments held by consolidated VIEs)5451,043
Total investments70,28169,442
Cash and cash equivalents (2026 and 2025 include $0 and $2 related to investments held by consolidated VIEs)2,1031,486
Reinsurance recoverable, net of allowance for credit losses of $19 in 2026 and $18 in 202520,87617,545
Goodwill2,1242,180
Prepaid expenses and other assets (certain assets held at fair value of $0 in 2026 and $24 in 2025)1,1421,052

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's long-term investments?
F&G Annuities & Life (FG) reported long-term investments of $70.28B in Q2 2026.
How has F&G Annuities & Life's long-term investments changed year-over-year?
F&G Annuities & Life's long-term investments increased by 8.8% year-over-year, from $64.59B to $70.28B.
What is the long-term trend for F&G Annuities & Life's long-term investments?
Over 4 years (2021 to 2025), F&G Annuities & Life's long-term investments has grown at a 15.6% compound annual growth rate (CAGR), from $38.91B to $69.44B.
What does long-term investments mean?
Equity investments, venture capital, strategic stakes, and other investments with holding periods expected to exceed one year.

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