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Fidelity National Financial FNF Indexed annuities — Net liability, after reinsurance

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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 fnf:PolicyholderAccountBalanceNetOfDepositAsset.

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 itemIndexed annuitiesFixed rate annuitiesUniversal lifeFABN (b)FHLB (b)
Balance, end of period33,96918,9733,4314,0832,702
Reconciling items (c)(47)292
Gross liability, end of period33,92218,9753,5234,0832,702
Less: Reinsurance recoverable5,65512,834883
Net liability, after reinsurance$28,267$6,141$2,640$4,083$2,702
Weighted-average crediting rate2.96%4.76%7.07%N/AN/A
Net amount at risk (d)N/AN/A$29,648N/AN/A
Cash surrender value (e)$31,607$17,783$2,641N/AN/A

Cover / Front Matter

FAQ

What is Fidelity National Financial's indexed annuities — net liability, after reinsurance?
Fidelity National Financial (FNF) reported indexed annuities — net liability, after reinsurance of $28.27B in Q1 2026.
How has Fidelity National Financial's indexed annuities — net liability, after reinsurance changed year-over-year?
Fidelity National Financial's indexed annuities — net liability, after reinsurance decreased by 4.8% year-over-year, from $29.69B to $28.27B.
What does indexed annuities — net liability, after reinsurance mean?
Represents the total financial obligation to policyholders for indexed annuity contracts after accounting for risk transfer through reinsurance agreements. This metric reflects the net present value of future benefits owed, adjusted for deposit assets held by the insurer. It serves as a primary indicator of the company's long-term insurance exposure within the annuity segment.

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