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Fidelity National Financial FNF Immediate annuities — Mortality

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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 us-gaap:LongDurationContractsAssumptionsByProductAndGuaranteeMortalityRate.

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 itemTraditional lifeImmediate annuitiesPRT
Mortality
Actual experience1.3%1.1%3.5%
Expected experience1.6%1.7%2.5%
Lapses
Actual experience
Expected experience0.5%

Cover / Front Matter

FAQ

What is Fidelity National Financial's immediate annuities — mortality?
Fidelity National Financial (FNF) reported immediate annuities — mortality of 1.7% in Q1 2026.
How has Fidelity National Financial's immediate annuities — mortality changed year-over-year?
Fidelity National Financial's immediate annuities — mortality decreased by 43.3% year-over-year, from 3% to 1.7%.
What is the long-term trend for Fidelity National Financial's immediate annuities — mortality?
Over 2 years (2023 to 2025), Fidelity National Financial's immediate annuities — mortality has grown at a -4.9% compound annual growth rate (CAGR), from 12.6% to 11.4%.
What does immediate annuities — mortality mean?
This metric tracks the actual versus expected mortality rates of the annuitant population covered by the immediate annuity portfolio. Deviations from actuarial assumptions regarding how long policyholders live directly impact the total benefit payments required. It is a primary driver of underwriting risk for annuity products.

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