How do you interpret traditional life — liability for future policy benefit?

An increase in this liability reflects growth in the insurance book or changes in actuarial assumptions, impacting capital requirements.

How does traditional life — liability for future policy benefit compare across companies?

Standard balance sheet liability for all life insurance companies.

Fidelity National Financial FNF Traditional Life — Liability for future policy benefit

Discontinued — last reported Q4 '20

Similar metrics at other companies

PFGTerm Life Insurance — Liability For Future Policy Benefits

$1.52B+17.3%

GLLife — Liability For Future Policy Benefits

$10.85B+4.8%

CBLife Insurance — Net liability for future policy benefits

$14.76B+10.5%

CNALifeand Group — Liability For Future Policy Benefits

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CNALife & Group — Future policy benefits

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CNALife And Group Non Core — Liability For 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$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 fnf:LiabilityForFuturePolicyBenefitExpectedNetPremiumExpectedFuturePolicyBenefitsBeforeReinsuranceAfterDiscountRateChangeAndDeferredProfitLiability.

The official record: Fidelity National Financial’s 10-K, filed February 29, 2024, on SEC EDGAR. View the filing →

Questions, answered.

What does traditional life — liability for future policy benefit mean?: The total amount of money the company expects to pay out for future insurance claims.
How do you interpret traditional life — liability for future policy benefit?: An increase in this liability reflects growth in the insurance book or changes in actuarial assumptions, impacting capital requirements.
How does traditional life — liability for future policy benefit compare across companies?: Standard balance sheet liability for all life insurance companies.