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Fidelity National Financial FNF F&G — Benefits and other changes in policy reserves

Other segment segments

Corporate and Other
$0
Title
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$1.15B+15.7%
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GNWClosed Block — Benefits and other changes in policy reserves
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JXNDeath, other policy benefits and change in policy reserves, net of deferrals
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JXNInstitutional Products — Death, other policy benefits and change in policy reserves, net of deferrals
$0

Other financials

Income statement

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Revenue$3.2B+18.2%
Net income$243.0M+193%
EPS (diluted)$0.90+200%

Balance sheet

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Cash & equivalents$2.5B-45.0%
Total debt$4.8B-0.7%
Total equity$7.3B-8.1%
Total assets$111.50B+13.5%

Cash flow

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Operating cash flow$875.0M-21.5%

Valuation

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Market cap$13.75B-13.9%
Enterprise value$16.06B-8.3%
P/E14.3×
P/S0.9×-0.3×

Profitability

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Net margin8.3%

Returns & leverage

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Return on equity14.2%
Debt / equity0.7×0.0×

Where this comes from

Reported directly by Fidelity National Financial in its filing.

Tagged under the XBRL concept fnf:PolicyholderBenefitsAndClaimsIncurredNetLifeAndAnnuityRemeasurementGainsLosses.

The source filing: Fidelity National Financial’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001331875-26-000042
Line itemTitleF&GCorporate and OtherEliminationTotal
Personnel costs7486019827
Agent commissions608608
Other operating expenses3403325398
Benefits and other changes in policy reserves484484
Total significant segment expenses1,696577442,317
Other segment items:
Depreciation and amortization351737215
Provision for title claim losses6262

Cover / Front Matter

FAQ

What is Fidelity National Financial's F&G — benefits and other changes in policy reserves?
Fidelity National Financial (FNF) reported F&G — benefits and other changes in policy reserves of $484M in Q1 2026.
How has Fidelity National Financial's F&G — benefits and other changes in policy reserves changed year-over-year?
Fidelity National Financial's F&G — benefits and other changes in policy reserves decreased by 7.6% year-over-year, from $524M to $484M.
What is the long-term trend for Fidelity National Financial's F&G — benefits and other changes in policy reserves?
Over 3 years (2022 to 2025), Fidelity National Financial's F&G — benefits and other changes in policy reserves has grown at a 52.1% compound annual growth rate (CAGR), from $1.13B to $3.96B.
What does F&G — benefits and other changes in policy reserves mean?
Represents the costs associated with policyholder benefits and the necessary adjustments to reserves for future claims. This is a core insurance expense reflecting the long-term liability obligations of the segment.

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