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F&G Annuities & Life FG Benefits and other changes in policy reserves

Benefits and other changes in policy reserves at other companies

Fidelity National Financial logo
Fidelity National FinancialFNF
$484M-7.6%
Fidelity National Financial logo
Fidelity National FinancialFNF
$0
Genworth Financial logo
Genworth FinancialGNW
$33M+32.0%
Fidelity National Financial logo
Fidelity National FinancialFNF
$0
Fidelity National Financial logo
Fidelity National FinancialFNF
$484M-7.6%
Genworth Financial logo
Genworth FinancialGNW
$1.2B+2.6%

Segments

By segment

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Reportable Segment$993M

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$3.62B-22.0%
Enterprise value$3.77B-24.7%
P/E8.7×-5.0×
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 fg:PolicyholderBenefitsAndClaimsIncurredNetLifeAndAnnuityRemeasurementGainsLosses.

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 itemThree months ended June 30, 2026Three months ended June 30, 2025Six months ended June 30, 2026Six months ended June 30, 2025
Recognized gains and (losses), net29051258(212)
Total revenues1,4211,3642,6082,272
Benefits and expenses
Benefits and other changes in policy reserves (remeasurement (losses) gains) (a)1,1499931,6331,517
Market risk benefit losses (gains)32(4)105105
Depreciation and amortization175158348311
Personnel costs7777137144
Other operating expenses41427483

Item 1. Condensed Consolidated Financial Statements:

FAQ

What is F&G Annuities & Life's benefits and other changes in policy reserves?
F&G Annuities & Life (FG) reported benefits and other changes in policy reserves of $1.15B in Q2 2026.
How has F&G Annuities & Life's benefits and other changes in policy reserves changed year-over-year?
F&G Annuities & Life's benefits and other changes in policy reserves increased by 15.7% year-over-year, from $993M to $1.15B.
What is the long-term trend for F&G Annuities & Life's benefits and other changes in policy reserves?
Over 4 years (2021 to 2025), F&G Annuities & Life's benefits and other changes in policy reserves has grown at a 19.7% compound annual growth rate (CAGR), from $1.93B to $3.96B.
What does benefits and other changes in policy reserves mean?
Captures the total costs associated with fulfilling obligations to policyholders, including death benefits, annuity payments, and adjustments to reserves for future liabilities. Monitoring this metric is essential for assessing the adequacy of pricing models and the long-term sustainability of insurance product offerings.

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