secwatch.observer — SEC 8-K summary
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Issuer:     F&G Annuities & Life, Inc. (FG)
CIK:        0001934850
Form:       8-K
Filed at:   2023-07-13T23:59:59+00:00
Accession:  0001934850-23-000048
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&G updates non-GAAP methodology and adopts new LDTI accounting standard, restating prior periods
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- Changed methodology for market related liability adjustment in adjusted net earnings (ANE), restating all prior periods in Q1 2023 supplement.
- Adopted ASU 2018-12 (long-duration contracts) using full retrospective method, restating 2022 and 2021 financials in updated 10-K.
- Updated investor presentation and financial supplement furnished as exhibits; no change to GAAP net income or cash flows.
- Restated figures affect adjusted EPS, adjusted ROE, and adjusted ROA for prior periods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934850/000193485023000048/0001934850-23-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934850/000193485023000048/fg-20230713.htm
  HTML page:      https://secwatch.observer/filing/0001934850-23-000048

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