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F&G Annuities & Life Reports Third Quarter 2026 Results

PR Newswire•05/11/2026•16:15 ET
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Key Highlights

  • ➤Adjusted net earnings $96 million, down from $165 million year over year
  • ➤AUM before reinsurance $76.2 billion, up 7% year over year
  • ➤Record core retail sales reached $2.1 billion in the third quarter
  • ➤Book value excluding AOCI rose to $51.37 per share
  • ➤First-nine-month capital returned reached $232 million through dividends and repurchases

Expert Statements

Conor Murphy, Chief Executive Officer and President of F&G Annuities & Life

“F&G continued to build momentum in the third quarter, with record core retail sales driving assets under management before reinsurance to a record $76.2 billion. Importantly, we are generating this growth while maintaining our disciplined approach to pricing and profitability, prioritizing business that meets our return targets and allocating capital to the most attractive opportunities. Our diversified distribution platform and growing core retail franchise provide us with significant opportunities to continue scaling the business while maintaining our focus on profitability and returns.”

Conor Murphy, Chief Executive Officer and President of F&G Annuities & Life

“We also continue to make meaningful progress toward a more fee-based, higher margin and less capital intensive business while growing our core spread-based franchise. Our strong inforce book provides a stable foundation of earnings and capital generation, while our strategic reinsurance relationships and owned distribution platform provide additional sources of fee-based earnings and financial flexibility. Together, these capabilities give us multiple avenues to grow earnings and improve returns as we continue to scale the business.”

F&G Annuities & Life Reports Third Quarter 2026 Results PR Newswire

DES MOINES, Iowa, Nov. 5, 2026 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the third quarter ended September 30, 2026.

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