AI brief of an SEC Form 8-K · F&G Annuities & Life (FG)

F&G Q4 2025 net earnings fall to $124 million from $323 million; AUM reaches record

Mixed Impact 3 of 5 earnings Written later

F&G Annuities & Life reported fourth quarter 2025 net earnings attributable to common shareholders of $124 million, or $0.92 per diluted share, down from $323 million, or $2.50, a year earlier, while total revenues rose to $1.77 billion from $1.56 billion. Assets under management before flow reinsurance reached a record $73.1 billion, up 12%, but the company said it expects to close the sale of its Bermuda subsidiary in the first quarter of 2026, and lower profit is the main concern for shareholders.

Key points

  • Q4 2025 adjusted net earnings were $123 million, or $0.91 per share, versus $143 million, or $1.12 per share, in Q4 2024
  • Full year 2025 net earnings were $248 million, or $1.88 per share, versus $622 million, or $4.88 per share, in 2024
  • Full year 2025 gross sales were $14.6 billion, below the $15.3 billion record set in 2024
  • F&G expects to close the sale of F&G Life Re Ltd to Ancient Financial Holdings LP on March 1, 2026

The filing

CompanyF&G Annuities & Life (FG)
Form8-K, current report
Filed with the SECFeb 19, 2026, 4:22 PM ET
Accession number0001934850-26-000021

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 19, 2026.

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.