secwatch.observer — SEC 8-K summary
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Issuer:     F&G Annuities & Life, Inc. (FG)
CIK:        0001934850
Form:       8-K
Filed at:   2026-05-06T23:59:59+00:00
Accession:  0001934850-26-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

F&G Q1 net earnings $244M ($1.78/sh), record AUM $74.5B, adjusted EPS $0.82
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- Net earnings $244M ($1.78/diluted) vs net loss $25M (-$0.20) in Q1 2025; adjusted net earnings $110M ($0.82) vs $91M ($0.72).
- Record AUM before reinsurance $74.5B (+11% YoY); gross sales $3.2B, net sales $2.2B; core sales $2.0B, opportunistic $1.2B.
- Returned $67M to shareholders ($38M dividends, $29M buybacks); new $100M three-year repurchase program authorized.
- Closed sale of F&G Life Re Ltd, ceding $1.8B inforce block; investment portfolio 97% investment grade; credit impairments low at 3 bps Q1.
- Adjusted ROE ex AOCI 8.4%; adjusted ROA 76 bps; book value per share ex AOCI $46.51, up $2.08 from Dec 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1934850/000193485026000053/0001934850-26-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1934850/000193485026000053/fg-20260506.htm
  HTML page:      https://secwatch.observer/filing/0001934850-26-000053

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