Question 1

What is F&G Annuities & Life's benefits, losses and expenses, net?

Accepted Answer

F&G Annuities & Life (FG) reported benefits, losses and expenses, net of $1.52B in Q2 2026.

Question 2

How has F&G Annuities & Life's benefits, losses and expenses, net changed year-over-year?

Accepted Answer

F&G Annuities & Life's benefits, losses and expenses, net increased by 15.9% year-over-year, from $1.31B to $1.52B.

Question 3

What is the long-term trend for F&G Annuities & Life's benefits, losses and expenses, net?

Accepted Answer

Over 4 years (2021 to 2025), F&G Annuities & Life's benefits, losses and expenses, net has grown at a 22.2% compound annual growth rate (CAGR), from $2.42B to $5.41B.

Question 4

What does benefits, losses and expenses, net mean?

Accepted Answer

Represents the aggregate of all policyholder benefits, claims, administrative expenses, and other operational costs incurred during the reporting period. It serves as a comprehensive measure of the company's total cost structure relative to its insurance operations and overall business scale.

Line item	Three months ended June 30, 2026	Three months ended June 30, 2025	Six months ended June 30, 2026	Six months ended June 30, 2025
Personnel costs	77	77	137	144
Other operating expenses	41	42	74	83
Interest expense	41	41	82	81
Total benefits and expenses	1,515	1,307	2,379	2,241
Earnings (loss) before income taxes	(94)	57	229	31
Income tax (benefit) expense	(19)	15	55	10
Net earnings (loss)	(75)	42	174	21
Less: Non-controlling interests	1	2	2	2

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