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Fidelity National Financial FNF Universal Life — Actuarial model updates and refinements

Discontinued — last reported Q4 '24

Similar metrics at other companies

Principal Financial Group logo
PFGUniversal Life — Additional Liability For Certain Benefit Features Actuarial Assumptions
$151.9M-79.1%
Prudential Financial logo
PRUTerm Life — Effect of assumption update
-$392M-1,967%
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PRUIndividual Life — Effect of assumption update
-$39M-125%
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PRUIndividual Fixed — Effect of assumption update and other refinements
$37.75M
Corebridge Financial logo
CRBGUniversal Life — Effect of changes in cash flow assumptions
Corebridge Financial logo
CRBGUniversal Life — Effect of actual variances from expected experience

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:PresentValueOfFutureInsuranceProfitExperienceAdjustment.

The official record: Fidelity National Financial’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fidelity National Financial's universal life — actuarial model updates and refinements?
Fidelity National Financial (FNF) reported universal life — actuarial model updates and refinements of $0 in Q4 2024.
What does universal life — actuarial model updates and refinements mean?
Financial adjustments made to insurance reserves due to changes in actuarial assumptions or modeling techniques.
How do you interpret universal life — actuarial model updates and refinements?
Frequent large adjustments may indicate model instability or significant shifts in underlying risk assumptions.
How does universal life — actuarial model updates and refinements compare across companies?
Reported by most life insurers as 'Actuarial Assumption Changes' or 'Model Refinement Impacts'.