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Fidelity National Financial FNF Universal Life — Gross liability, end of period

Similar metrics at other companies

F&G Annuities & Life logo
FGUniversal life — Gross liability, end of period
$3.72B+19.1%
F&G Annuities & Life logo
FGTraditional Life — Gross liability, end of period
$4M-20.0%
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FGFABN — Gross liability, end of period
$3.32B+17.2%
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FGFHLB — Gross liability, end of period
$3.3B+34.9%
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FGPRT — Gross liability, end of period
$6M0.0%
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FGGross liability, end of period
$64.4B+7.7%

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:PolicyHolderAccountBalanceGrossLiability.

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)
Other(4)
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

Cover / Front Matter

FAQ

What is Fidelity National Financial's universal life — gross liability, end of period?
Fidelity National Financial (FNF) reported universal life — gross liability, end of period of $3.52B in Q1 2026.
How has Fidelity National Financial's universal life — gross liability, end of period changed year-over-year?
Fidelity National Financial's universal life — gross liability, end of period increased by 18.1% year-over-year, from $2.98B to $3.52B.
What is the long-term trend for Fidelity National Financial's universal life — gross liability, end of period?
Over 2 years (2023 to 2025), Fidelity National Financial's universal life — gross liability, end of period has grown at a 17.1% compound annual growth rate (CAGR), from $9.33B to $12.8B.
What does universal life — gross liability, end of period mean?
The total contractual obligation of the insurer to policyholders for universal life products before accounting for any reinsurance offsets. It represents the aggregate value of the insurance company's liability for these policies.

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