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F&G Annuities & Life Inc

fglife.com

F&G Annuities & Life Inc (NYSE: FG) is an insurance and financial services company that issues annuity and life insurance products to retail and institutional customers. It generates revenue primarily through the spread between investment income earned on policyholder assets and the crediting rates paid to policyholders, a classic insurance float model. The company operates in the U.S. market for fixed annuities and life insurance. The 10-K filed 2026-02-26 (accession 000193485026000026) covers the fiscal year ended December 31, 2025, though the filing excerpts provided do not supply sufficient detail to state specific segment revenue figures, customer counts, competitor names, or leadership details. Based solely on the available excerpts, further specifics on capital structure, geographic mix, and market position cannot be confirmed.

Products & Services

Fixed annuities, life insurance products, and institutional annuity solutions.

Revenue Model

Spread-based earnings: investment income on assets backing policyholder reserves minus interest credited to policyholders, supplemented by fee income on annuity and life insurance contracts.

Customers & Markets

Retail consumers purchasing annuity and life insurance products; institutional channels. End markets include retirement savings and life insurance protection.

Geographic Exposure

United States, based on available filing excerpts.

Financial Snapshot

Revenue
TTM
$6.010B
Gross Margin
Last 4 Quarters
N/A
Net Income
TTM
$530.0M
Current Assets
2026 Q1
$1.131B
Current Liabilities
2026 Q1
$2.367B
Current Ratio
2026 Q1
47.78%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
Book Value
2026 Q1
$4.749B
Cash
2026 Q1
P/E
TTM
7.142
Free Cash Flow
TTM
$4.456B

Stock Price

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Market Cap: $3.7851 Billion

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