secwatch / observer

F&G Annuities & Life, Inc. — fact timeline

Source-grounded facts extracted from F&G Annuities & Life, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

FG F&G Annuities & Life, Inc. JSON

Conor Murphy resigned as President and Chief Financial Officer at F&G Annuities & Life, Inc..

“Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President.”

Mark Wiltse was appointed as Interim Chief Financial Officer at F&G Annuities & Life, Inc..

“Mark Wiltse, F&G’s Chief Accounting Officer, will serve as Interim Chief Financial Officer until August 3, 2026.”

Michael Bailey was appointed as Executive Vice President, Chief Financial Officer at F&G Annuities & Life, Inc..

“Michael Bailey will join the Company as Executive Vice President, Chief Financial Officer effective August 3, 2026”

Conor Murphy was appointed as Chief Executive Officer and President at F&G Annuities & Life, Inc..

“Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President.”

Chris Blunt departed as Chief Executive Officer at F&G Annuities & Life, Inc..

“Chris Blunt will retire from his current role as Chief Executive Officer of F&G to focus on his roles as a Director of F&G and Chief Executive Officer of subsidiary Peak Altitude Equity, LLC (Peak Altitude).”
Earnings Releases

F&G Annuities & Life, Inc. reported financial results for first quarter ended March 31, 2026.

“On May 6, 2026, F&G Annuities & Life, Inc. (the “Company” or “F&G”) issued a press release announcing its financial results for the first quarter ended March 31, 2026. A copy of such press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. In addition, the Company is furnishing the quarterly financial supplement as Exhibit 99.2 to this Current Report on Form 8-K. The following information, including the exhibits referenced in this Item 2.02, are being furnished pursuant to this Item 2.02 and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.”

Conor Murphy was appointed as Chief Financial Officer at F&G Annuities & Life, Inc..

“the Company has appointed Conor Murphy as its new Chief Financial Officer, effective April 1, 2025.”

Wendy Young changed role as Chief Liability Officer at F&G Annuities & Life, Inc..

“Wendy Young will transition from her Chief Financial Officer role on April 1, 2025 to become F&G's Chief Liability Officer, a newly created position.”

John D. Currier, Jr. was appointed as President at F&G Annuities & Life, Inc..

“On May 8, 2024, the Board of Directors of F&G Annuities & Life, Inc. (“F&G” or the “Company”) appointed John D. Currier, Jr. to serve as President of F&G.”
Earnings Releases

F&G Annuities & Life, Inc. reported first quarter ended March 31, 2024 results: net income Net earnings attributable to common shareholders (net earnings) for the first quarter of $111 million, EPS $0.88 per diluted share.

“F&G Annuities & Life, Inc. (the “Company” or “F&G”) issued an earnings release announcing its financial results for the first quarter ended March 31, 2024.”
Earnings Releases

F&G Annuities & Life, Inc. reported the full year ended December 31, 2023 results: revenue $13.2 billion, net income Net loss for the full year of $58 million, EPS $0.47 per share.

“for F&G continues: Record gross sales of $4.1 billion for the fourth quarter, an increase of 52% over the fourth quarter 2022. For the full year 2023, record gross sales of $13.2 billion, an increase of 17% over the full year 2022 driven by record retail channel sales and robust institutional market sales • Record asset growth: Record assets under management”
Earnings Releases

F&G Annuities & Life, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $4.1 billion, net income Net loss for the fourth quarter of $299 million, EPS $2.41 per diluted share.

“Results” and “Non-GAAP Measures and Other Information” for further explanation. Company Highlights • Record profitable gross sales for F&G continues: Record gross sales of $4.1 billion for the fourth quarter, an increase of 52% over the fourth quarter 2022. For the full year 2023, record gross sales of $13.2 billion, an increase of 17% over the full year 2022”
Debt Financings

F&G Annuities & Life, Inc. amended revolving credit of $750 million with Bank of America, N.A. as administrative agent at Term SOFR plus 130.0 to 180.0 basis points margin or base rate plus 30.0 to 80.0 maturing extended maturity date.

“amends the Existing Credit Agreement to (x) extend the maturity date and (y) increase the aggregate principal amount of commitments under the revolving credit facility to $750 million. Revolving loans under the Restated Credit Agreement generally bear interest at a variable rate based on either (i) the base rate (which is the highest of (a) one-half of one”
Material Agreements

F&G Annuities & Life, Inc. amended Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at $750 million (effective 2024-02-16).

“On February 16, 2024, F&G Annuities & Life, Inc. (“ F&G ”) entered into an amendment and restatement of its existing $665 million credit agreement (the “ Existing Credit Agreement ”), dated as of November 22, 2022, with the guarantors party thereto, the financial institutions party thereto as lenders and Bank of America, N.A., as administrative agent (in such capacity, the “ Administrative Agent ”), swing line lender and an issuing bank, (the “ Restated Credit Agreement ”).”
Material Agreements

F&G Annuities & Life, Inc. entered into Third Supplemental Indenture with Citibank, N.A. valued at $345 million (effective 2023-12-06).

“The Notes were issued pursuant to an indenture, dated as of January 13, 2023 (the “Base Indenture”), among F&G, the Guarantors and Citibank, N.A., as trustee (the “Trustee”), as supplemented by a Second Supplemental Indenture, dated as of January 26, 2023 (the “Second Supplemental Indenture”), between CF Bermuda Holdings Limited and the Trustee, and by a Third Supplemental Indenture, dated as of December 6, 2023 (the “Third Supplemental Indenture” and, together with the Base Indenture and the Second Supplemental Indenture, the “Indenture”), among F&G, the Guarantors and the Trustee.”
Material Agreements

F&G Annuities & Life, Inc. entered into Underwriting Agreement with Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and UBS Securities LLC valued at $345 million (effective 2023-11-29).

“In connection with the offering of the Notes, F&G entered into an underwriting agreement, dated November 29, 2023, among F&G, the Guarantors and Wells Fargo Securities, LLC, BofA Securities, Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and UBS Securities LLC, as representatives of the several underwriters named therein.”
Earnings Releases

F&G Annuities & Life, Inc. reported the third quarter ended September 30, 2023 results: net income Net earnings for the third quarter of $306 million, or $2.45 per diluted share (per share), EPS $2.45 per diluted share.

“F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the third quarter ended September 30, 2023. Net earnings for the third quarter of $306 million, or $2.45 per diluted share (per share), compared to net earnings of $187 million, or $1.50 per share, for the third quarter 2022.”
Earnings Releases

F&G Annuities & Life, Inc. reported the second quarter ended June 30, 2023 results: net income Net earnings for the second quarter of $130 million, or $1.04 per diluted share (per share), EPS $1.04 per diluted share.

“F&G Annuities & Life, Inc. (NYSE: FG) (F&G or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the second quarter ended June 30, 2023. Net earnings for the second quarter of $130 million, or $1.04 per diluted share (per share), compared to net earnings of $385 million, or $3.60 per share, for the second quarter 2022.”
Shareholder Votes

F&G Annuities & Life, Inc. shareholders approved Ratification and appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year at the 2023-07-12 meeting.

“4. Ratification and appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2023 fiscal year FOR AGAINST ABSTAIN 123,401,151 13,709 38,031”
Shareholder Votes

F&G Annuities & Life, Inc. shareholders approved To approve a non-binding advisory basis, of the frequency (annual or "1 Year," biennial or "2 Years," triennial or "3 Years") with which we solicit future non-binding advisory votes on the compensation paid to our named executive officers at the 2023-07-12 meeting.

“3. To approve a non-binding advisory basis, of the frequency (annual or "1 Year," biennial or "2 Years," triennial or "3 Years") with which we solicit future non-binding advisory votes on the compensation paid to our named executive officers 1 YEAR 2 YEAR 3 YEAR ABSTAIN 120,424,124 108,909 220,441 31,989”
Shareholder Votes

F&G Annuities & Life, Inc. shareholders approved To approve a non-binding advisory resolution on the compensation paid to our named executive officers at the 2023-07-12 meeting.

“2. To approve a non-binding advisory resolution on the compensation paid to our named executive officers FOR AGAINST ABSTAIN BROKER NON-VOTES 119,723,588 1,004,808 57,067 2,667,428”
Shareholder Votes

F&G Annuities & Life, Inc. shareholders approved Elect three Class I directors to serve until the 2026 Annual Meeting of Shareholders or until their successors are duly elected and qualified or their earlier death, resignation or removal at the 2023-07-12 meeting.

“1. Elect three Class I directors to serve until the 2026 Annual Meeting of Shareholders or until their successors are duly elected and qualified or their earlier death, resignation or removal FOR WITHHELD BROKER NON-VOTES John D. Rood 120,035,998 749,465 2,667,428 Michael J. Nolan 117,992,601 2,792,862 2,667,428 Douglas Martinez 120,509,500 275,963 2,667,428”

Celina J. Wang Doka was elected as Director at F&G Annuities & Life, Inc..

“adopted a resolution to set the size of the Company’s Board of Directors at eight and elected Celina J. Wang Doka to serve on our Board of Directors, effective July 1, 2023.”
Earnings Releases

F&G Annuities & Life, Inc. reported first quarter ended March 31, 2023 results: net income Net loss for the first quarter of $195 million, or $1.56 per diluted share (per share) primarily due to unfavorable mark, EPS Net earnings (loss) per diluted share $ (1.56).

“F&G Annuities & Life, Inc. (the "Company", "F&G") issued an earnings release announcing its financial results for the first quarter ended March 31, 2023.”

Douglas Martinez was elected as Director at F&G Annuities & Life, Inc..

“On April 1, 2023, the Board of Directors of F&G Annuities & Life, Inc. (the “Company”) adopted a resolution to set the size of the Company’s Board of Directors at seven and elected Douglas Martinez to serve on our Board of Directors.”
Material Agreements

F&G Annuities & Life, Inc. amended Investment Management Agreements Amendment with Blackstone ISG-I Advisors L.L.C. valued at Management fee schedule amended: 0.26% for AUM up to $25B, 0.24% for $25B-$34B, 0.12% for above $34B (effective 2023-03-10).

“On March 10, 2023, F&G Annuities & Life, Inc., a Delaware corporation (the “ Company ”), Blackstone ISG-I Advisors L.L.C. (“ BIS ”), an indirect, wholly owned subsidiary of Blackstone Inc. (“ Blackstone ”), and Fidelity National Financial, Inc., a Delaware corporation (“ FNF ”), entered into an amendment (the “ Amendment ”) in respect of (a) each of the investment management agreements by and between BIS, as investment manager, on the one hand, and the Company or one of its subsidiaries, on the other hand (as amended, the “ Investment Management Agreements ”), (b) that certain letter agreement, dated June 1, 2020, as amended, by and among BIS, the Company and solely for limited purpose FNF (as amended, the “ IMA Omnibus Termination Side Letter ”) and (c) that certain amended and restated sub-manager fee agreement, dated June 1, 2020, as amended, by and among BIS, the Company and solely for limited purpose FNF (as amended, the “ Sub-Manager Fee Agreement ”).”
Earnings Releases

F&G Annuities & Life, Inc. reported fourth quarter and full year ended December 31, 2022 results: revenue $2.7 billion, net income Net loss for the fourth quarter of $100 million, EPS $0.80 per diluted share.

“shareholders. Our parent, FNF, retains control of F&G through an approximate 85% equity ownership stake • Record profitable gross sales for F&G continues: Total gross sales of $2.7 billion for the fourth quarter, an increase of 23% over the fourth quarter 2021, driven by record Retail sales. For the full year 2022, record total gross sales of $11.3 billion, an”
Debt Financings

F&G Annuities & Life, Inc. incurred senior notes of $500 million aggregate principal amount with Citibank, N.A., as trustee at 7.400% per year maturing January 13, 2028.

“On January 13, 2023, F&G Annuities & Life, Inc., a Delaware corporation (“F&G”), completed the issuance and sale of $500 million aggregate principal amount of its 7.400% Senior Notes due 2028 (the “Notes”).”
Material Agreements

F&G Annuities & Life, Inc. entered into Registration Rights Agreement with BofA Securities, Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, as representatives of the initial purchasers (effective 2023-01-13).

“In connection with the issuance of the Notes, F&G entered into a registration rights agreement with respect to the Notes, dated as of January 13, 2023 (the “Registration Rights Agreement”), among F&G, the Guarantors and BofA Securities, Inc., J.P. Morgan Securities LLC and RBC Capital Markets, LLC, as representatives of the initial purchasers.”
Material Agreements

F&G Annuities & Life, Inc. entered into Indenture with Citibank, N.A., as trustee valued at $500 million (effective 2023-01-13).

“The Notes were issued pursuant to an indenture, dated as of January 13, 2023 (the “Base Indenture”), as supplemented by a supplemental indenture, dated as of January 13, 2023 (together with the Base Indenture, the “Indenture”), among F&G, the Guarantors and Citibank, N.A., as trustee”
Governance Changes

F&G Annuities & Life, Inc.: Adopted a code of business conduct and ethics effective as of the completion of the Separation and the Distribution.

“In connection with the completion of the Separation and the Distribution, the Board adopted a code of business conduct and ethics (the “Code of Business Conduct and Ethics”) effective as of the completion of the Separation and the Distribution.”
Governance Changes

F&G Annuities & Life, Inc.: Amended and restated the bylaws effective immediately prior to the Distribution.

“the bylaws of F&G were amended and restated (the “Amended and Restated Bylaws”).”
Governance Changes

F&G Annuities & Life, Inc.: Amended and restated the certificate of incorporation effective immediately prior to the Distribution.

“the certificate of incorporation of F&G was amended and restated (the “Amended and Restated Certificate of Incorporation”)”

John D. Rood was appointed as Director at F&G Annuities & Life, Inc..

“William P. Foley, II, Douglas K. Ammerman and John D. Rood were appointed to the Board.”

Douglas K. Ammerman was appointed as Director at F&G Annuities & Life, Inc..

“William P. Foley, II, Douglas K. Ammerman and John D. Rood were appointed to the Board.”

William P. Foley, II was appointed as Director at F&G Annuities & Life, Inc..

“William P. Foley, II, Douglas K. Ammerman and John D. Rood were appointed to the Board.”
Debt Financings

F&G Annuities & Life, Inc. incurred revolving credit of $550 million with Bank of America, N.A. (as administrative agent) at Term SOFR plus a margin of between 130.0 and 180.0 basis points.

“On November 22, 2022, F&G Annuities & Life, Inc. (“ F&G ) entered into a Credit Agreement (the “ Credit Agreement ”) with the financial institutions party thereto as lenders (the “ Lender s ”) and Bank of America, N.A. as administrative agent (in such capacity, the “ Administrative Agent ”), swing line lender and an issuing bank, pursuant to which the Lenders have made available to F&G an unsecured revolving credit facility in an aggregate principal amount of $550 million to be used for working capital and general corporate purposes.”
Material Agreements

F&G Annuities & Life, Inc. entered into Credit Agreement with the financial institutions party thereto as lenders and Bank of America, N.A. as administrative agent valued at $550 million (effective 2022-11-22).

“On November 22, 2022, F&G Annuities & Life, Inc. (“ F&G ) entered into a Credit Agreement (the “ Credit Agreement ”) with the financial institutions party thereto as lenders (the “ Lender s ”) and Bank of America, N.A. as administrative agent (in such capacity, the “ Administrative Agent ”), swing line lender and an issuing bank, pursuant to which the Lenders have made available to F&G an unsecured revolving credit facility in an aggregate principal amount of $550 million”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.