---
schema_version: "secwatch.filing_event.v1"
accession: "0001934850-26-000021"
form_type: "8-K"
ticker: "FG"
cik: "0001934850"
company_name: "F&G Annuities & Life, Inc."
filed_at: "2026-02-19T23:59:59+00:00"
generated_at: "2026-05-16T01:51:57.700643+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# F&G Q4 net earnings $124M ($0.92) vs $323M; adj net $123M; record AUM $73.1B

## Summary
- Q4 net earnings attributable to common shareholders fell to $124M ($0.92) from $323M ($2.50) a year ago.
- Full year 2025 adjusted net earnings $482M ($3.64) vs $546M ($4.30) in 2024.
- Record AUM before flow reinsurance $73.1B (+12% YoY); book value per share ex AOCI $44.43.
- Estimated RBC ratio ~430% (above 400% target); sale of Bermuda subsidiary expected to close March 1, 2026.
- FNF distributed ~12% of F&G shares, reducing FNF ownership to ~70%.

## SEC filing metadata
- accession: 0001934850-26-000021
- form_type: 8-K
- ticker: FG
- cik: 0001934850
- company_name: F&G Annuities & Life, Inc.
- filed_at: 2026-02-19T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934850/000193485026000021/0001934850-26-000021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934850/000193485026000021/fg-20260219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001934850-26-000021
- JSON: https://secwatch.observer/filing/0001934850-26-000021.json
- Plain text: https://secwatch.observer/filing/0001934850-26-000021.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.