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Fidelity National Financial FNF Traditional Life — Future policy benefits

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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:LiabilityForFuturePolicyBenefits.

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
Expected net premiumsTraditional life / March 31, 2026 / (Dollars in millions)Traditional life / December 31, 2025 / (Dollars in millions)
Benefits payments(50)(230)
Ending balance at original discount rate2,1262,167
Effect of changes in discount rate assumptions(334)(312)
Balance, end of period$1,792$1,855
Net liability for future policy benefits$1,233$1,270
Less: Reinsurance recoverable498489
Net liability for future policy benefits, after reinsurance recoverable$735$781
Weighted-average duration of liability for future policyholder benefits (years)6.026.84

Cover / Front Matter

FAQ

What is Fidelity National Financial's traditional life — future policy benefits?
Fidelity National Financial (FNF) reported traditional life — future policy benefits of $1.23B in Q1 2026.
How has Fidelity National Financial's traditional life — future policy benefits changed year-over-year?
Fidelity National Financial's traditional life — future policy benefits decreased by 5.9% year-over-year, from $1.31B to $1.23B.
What is the long-term trend for Fidelity National Financial's traditional life — future policy benefits?
Over 2 years (2023 to 2025), Fidelity National Financial's traditional life — future policy benefits has grown at a -1.7% compound annual growth rate (CAGR), from $5.35B to $5.17B.
What does traditional life — future policy benefits mean?
This is the aggregate balance sheet liability representing the company's obligation to pay future benefits on traditional life insurance policies. It is derived from actuarial models that account for expected premiums and benefit payments over the life of the contracts.

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