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Fidelity National Financial FNF Traditional Life — Lapses

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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:LongDurationContractsAssumptionsByProductAndGuaranteeLapseRate.

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 traditional life — lapses?
Fidelity National Financial (FNF) reported traditional life — lapses of 0.5% in Q1 2026.
How has Fidelity National Financial's traditional life — lapses changed year-over-year?
Fidelity National Financial's traditional life — lapses decreased by 16.7% year-over-year, from 0.6% to 0.5%.
What is the long-term trend for Fidelity National Financial's traditional life — lapses?
Over 2 years (2023 to 2025), Fidelity National Financial's traditional life — lapses has grown at a 47.7% compound annual growth rate (CAGR), from 1.1% to 2.4%.
What does traditional life — lapses mean?
The rate at which policyholders terminate their life insurance policies before the end of the contract term. This metric is essential for assessing the persistency of the business and the long-term viability of the insurance portfolio.

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