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Fidelity National Financial FNF Indexed annuities — Market risk benefits liability

Similar metrics at other companies

MetLife logo
METAnnuities — Market risk benefits, at estimated fair value
$2.15B-15.9%
Prudential Financial logo
PRUAnnuities — Market risk benefit liabilities
$4.59B-4.9%
Apollo Global Management logo
APOIndexed Annuities — Market risk benefits
$4.81B+15.3%
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PRUIndividual Variable — Market risk benefit liabilities
$4.53B-11.3%
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PRUAnnuities — Market Risk Benefit, after Increase (Decrease) from Instrument-Specific Credit Risk
$3.33B-3.7%
Apollo Global Management logo
APOTraditional Deferred Annuities — Market risk benefits
$203M+4.6%

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$12.6B-29.7%
Enterprise value$14.9B-18.3%
P/E13.1×
P/S0.8×-0.5×

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:MarketRiskBenefitLiabilityAmount.

The official record: Fidelity National Financial’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's indexed annuities — market risk benefits liability?
Fidelity National Financial (FNF) reported indexed annuities — market risk benefits liability of $967M in Q1 2026.
How has Fidelity National Financial's indexed annuities — market risk benefits liability changed year-over-year?
Fidelity National Financial's indexed annuities — market risk benefits liability increased by 52.5% year-over-year, from $634M to $967M.
What does indexed annuities — market risk benefits liability mean?
The estimated cost to the company to fulfill market-linked guarantees provided to policyholders.
How do you interpret indexed annuities — market risk benefits liability?
An increase in this liability indicates higher expected costs to cover guarantees, often driven by market volatility.
How does indexed annuities — market risk benefits liability compare across companies?
Standard liability reporting for insurers offering guaranteed living or death benefits.