Nov 5, 4:18 PM ET
F&G Annuities & Life reported third-quarter 2026 net earnings to common shareholders of $736 million, or $5.48 per diluted share, up from $114 million, or $0.85 per share, a year earlier. Adjusted net earnings fell to $96 million, or $0.74 per share, from $165 million, or $1.22 per share, and total revenues declined to $1,131 million from $1,694 million, so the headline measures point in different directions for shareholders.
- GAAP net earnings to common shareholders were $736 million ($5.48 per diluted share), including $648 million of net favorable mark-to-market effects excluded from adjusted results
- Adjusted net earnings were $96 million ($0.74 per share), versus $165 million ($1.22 per share) in the third quarter of 2025
- Assets under management before reinsurance were $76.2 billion as of September 30, 2026, up 7% from a year earlier; net sales were $1.4 billion versus $2.8 billion
- Capital returned to shareholders in the first nine months of 2026 totaled $232 million, including $112 million of dividends and $120 million of share repurchases
Read the filing on SEC.gov ↗
Oct 5, 4:13 PM ET
F&G Annuities & Life said it expects pre-tax investment income from alternative investments of about $47 million to $57 million for the quarter ended September 30, 2026, based on preliminary results. The company said this is about $70 million pre-tax and $55 million post-tax below its long-term expected return of about 12%, and that the figures are unaudited and not yet closed, so final results could differ materially.
- Estimated Q3 2026 alternative investment income: $47 million to $57 million pre-tax, midpoint an annualized return of about 5%
- Shortfall versus management's roughly 12% long-term expected return: $70 million pre-tax, $55 million post-tax
- Full third-quarter results scheduled for November 5, 2026; management plans further updates on the November 6, 2026 earnings call
Read the filing on SEC.gov ↗
Aug 5, 4:17 PM ET
F&G Annuities & Life reported a second-quarter 2026 net loss attributable to common shareholders of $81 million, or $0.62 per diluted share, compared with net earnings of $35 million, or $0.26 per share, a year earlier. Adjusted net earnings, which exclude mark-to-market effects and other items, declined to $85 million, or $0.65 per share, from $103 million, or $0.77 per share, while total revenues rose to $1.4 billion from $1.36 billion.
- Net loss of $81 million ($0.62 per diluted share) for the quarter ended June 30, 2026, versus net earnings of $35 million ($0.26 per share) in the prior-year quarter
- Adjusted net earnings of $85 million ($0.65 per share), down from $103 million ($0.77 per share); alternative investment income was $49 million below the long-term expected return
- Assets under management before reinsurance reached a record $74.7 billion as of June 30, 2026, up 8% from a year earlier; gross sales were $2.7 billion
- The company returned $128 million to shareholders in the quarter, including $91 million of share repurchases
Read the filing on SEC.gov ↗
Jul 8, 4:10 PM ET
F&G Annuities & Life said preliminary estimates show its investment income from alternative investments for the quarter ended June 30, 2026 will be about $56 million to $66 million pre-tax, below management's long-term expected return of about 12%. The company also estimated that new NAIC CLO risk-based capital factors, effective December 31, 2026, could lower FGL Insurance's pro forma U.S. RBC ratio by about 10 percentage points. The figures are unaudited and the quarter's financial close is not complete, so results could differ materially.
- Estimated Q2 2026 alternative investment income of $56 million to $66 million pre-tax, with a midpoint annualized return of about 6%
- Estimated shortfall versus the roughly 12% expected return: $65 million pre-tax and $51 million post-tax
- New NAIC CLO RBC factors effective December 31, 2026 could reduce FGL Insurance's pro forma U.S. RBC ratio by about 10 percentage points
- Full second-quarter results are scheduled for August 5, 2026, with further updates on the August 6, 2026 earnings call
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.