secwatch.observer — SEC 8-K summary
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Issuer:     F&G Annuities & Life, Inc. (FG)
CIK:        0001934850
Form:       8-K
Filed at:   2026-02-19T23:59:59+00:00
Accession:  0001934850-26-000021
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934850/000193485026000021/0001934850-26-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934850/000193485026000021/fg-20260219.htm
  HTML page:      https://secwatch.observer/filing/0001934850-26-000021

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer