---
schema_version: "secwatch.filing_event.v1"
accession: "0001934850-26-000077"
form_type: "8-K"
ticker: "FG"
cik: "0001934850"
company_name: "F&G Annuities & Life, Inc."
filed_at: "2026-07-08T20:10:34+00:00"
generated_at: "2026-07-08T20:11:09.748408+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "medium"
source: SEC EDGAR
---

# F&G expects Q2 alt investment income $56-66M, well below 12% target; NAIC CLO rule may cut RBC 10pp

## Summary
- Estimated Q2 2026 alternative investment income $56M-$66M pre-tax, midpoint annualized return ~6% vs. long-term expectation of ~12%.
- Shortfall of $65M pre-tax and $51M post-tax below management's long-term expected return of ~12%.
- New NAIC CLO RBC factors effective Dec 31, 2026 could reduce FGL Insurance's RBC ratio by ~10 percentage points.
- Full Q2 2026 earnings release scheduled for August 5, 2026; these are preliminary and unaudited estimates.

## SEC filing metadata
- accession: 0001934850-26-000077
- form_type: 8-K
- ticker: FG
- cik: 0001934850
- company_name: F&G Annuities & Life, Inc.
- filed_at: 2026-07-08T20:10:34+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: medium
- sec_items: 2.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1934850/000193485026000077/0001934850-26-000077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1934850/000193485026000077/fg-20260708.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001934850-26-000077
- JSON: https://secwatch.observer/filing/0001934850-26-000077.json
- Plain text: https://secwatch.observer/filing/0001934850-26-000077.txt

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