Highest-materiality recent filing
F&G expects Q2 alt investment income $56-66M, well below 12% target; NAIC CLO rule may cut RBC 10pp
Estimated Q2 2026 alternative investment income $56M-$66M pre-tax, midpoint annualized return ~6% vs. long-term expectation of ~12%.
F&G CEO Chris Blunt retires; Conor Murphy named CEO effective June 30, Michael Bailey named CFO
Chris Blunt retires as CEO effective June 30, 2026; stays as director and CEO of Peak Altitude, leading strategic alternatives review.
F&G Q1 net earnings $244M ($1.78/sh), record AUM $74.5B, adjusted EPS $0.82
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).
F&G Q4 net earnings $124M ($0.92) vs $323M; adj net $123M; record AUM $73.1B
Q4 net earnings attributable to common shareholders fell to $124M ($0.92) from $323M ($2.50) a year ago.
FNF to distribute 16M shares (12% of FG) to FNF shareholders as special dividend
Distribution of ~16M FG shares owned by FNF, representing ~12% of FG's outstanding common stock.
F&G posts Q3 net earnings of $114M vs year-ago loss; record AUM $71.4B
Net earnings $114M ($0.85/diluted share) vs net loss of $10M (-$0.08) in Q3 2024.
F&G Q2 2025 adj EPS $0.77 vs $1.10 YoY; record AUM $69.2B, retail sales up 13%
Net earnings $35M ($0.26 dil EPS) vs $198M ($1.55) in Q2 2024.
F&G Q1 net loss $25M (-$0.20 EPS); adjusted EPS $0.72 vs $0.86; record AUM $67.4B
Net loss attributable to common shareholders of $25M (diluted EPS -$0.20) vs net earnings $111M ($0.88) in Q1 2024.
F&G Annuities & Life completes public offering of 8M shares; FNF to buy 4.5M shares
Completed public offering of 8,000,000 shares of common stock (plus 30-day option for up to 1,200,000 additional shares).
F&G appoints Conor Murphy as CFO; Wendy Young to become Chief Liability Officer
Wendy Young will transition from CFO to Chief Liability Officer on April 1, 2025.
F&G reports Q4 2024 adj EPS $1.12 vs $0.60 YoY; full year record gross sales $15.3B
Adj net earnings Q4 $143M ($1.12/sh) up from $75M ($0.60/sh); full year $546M ($4.30/sh) vs $335M ($2.68/sh).
F&G prices $375M 7.300% junior subordinated notes due 2065
Priced $375M aggregate principal of 7.300% Junior Subordinated Notes due 2065.
F&G Q3 adjusted EPS $1.22 beats $0.96 YoY; retail sales record $3.5B up 84%
Net loss $10M ($0.08) includes $150M unfavorable marks; adjusted net earnings $156M ($1.22) vs $120M ($0.96) YoY.
F&G Annuities & Life issues $500M of 6.250% senior notes due 2034
Principal $500M, coupon 6.250%, maturity October 4, 2034; interest payable semi-annually.
F&G Q2 net earnings $198M, adjusted EPS $1.10; gross sales up 47% to $4.4B
Net earnings $198M ($1.55 diluted EPS) vs $130M ($1.04) in Q2 2023; adjusted net earnings $139M ($1.10) vs $79M ($0.63).
F&G prices $550M 6.5% senior notes due 2029; launches tender for $250M of 5.5% notes due 2025
Priced $550M aggregate principal of 6.500% senior notes due 2029; expected close June 4, 2024.
F&G swings to Q1 profit of $111M; AUM up 10% to $49.8B
Net earnings of $111M ($0.88/diluted) vs net loss of $195M ($1.56) in Q1 2023; adjusted net earnings $108M ($0.86) vs $61M ($0.49).
F&G Q4 net loss $299M ($2.41/sh), adj. EPS $0.60; FY net loss $58M, record sales $13.2B
Q4 net loss of $299M ($2.41/sh); FY 2023 net loss of $58M ($0.47/sh).
F&G issues $250M 6.875% mandatory convertible preferred to parent FNF for growth capital
Issued 5M shares of 6.875% Series A Mandatory Convertible Preferred Stock to FNF for $250M cash.
F&G reports Q3 net earnings $306M ($2.45/diluted); adjusted EPS $0.96
Net earnings $306M, $2.45/share vs $187M, $1.50 in Q3 2022; adjusted net earnings $120M, $0.96/share.
F&G Q2 net earnings $130M ($1.04/sh), adjusted $79M ($0.63/sh) down YoY
Net earnings $130M ($1.04 diluted) vs $385M ($3.60) in Q2 2022; adjusted net earnings $79M ($0.63) vs $155M ($1.45).
F&G says 873K policyholders affected by MOVEit vendor data breach
Third-party vendor PBI suffered MOVEit vulnerability; personal data of ~873,000 F&G policyholders accessed.
F&G reports Q1 net loss of $195M; adjusted EPS $0.39; record gross sales $3.3B
Net loss of $195M ($1.56 diluted loss); adjusted net earnings $49M ($0.39), down from $80M ($0.76) in Q1 2022.
F&G amends Blackstone IMA with tiered fees, extends term to 2029, adds performance-based termination
Management fee rates revised: 0.26% on first $25B AUM, 0.24% on $25-34B, 0.12% above $34B, effective March 31, 2023.
F&G Q4 net loss $100M on mark-to-market; record sales $2.7B; initiates $0.20 dividend
Q4 net loss $100M ($0.80 loss per share) vs net earnings $121M ($1.15) in Q4 2021; full year net earnings $481M ($4.18) vs $865M ($8.24).
F&G issues $500M of 7.400% Senior Notes due 2028
Issued $500 million aggregate principal of 7.400% senior notes due January 13, 2028.
F&G Annuities & Life declares inaugural $0.20 quarterly dividend, ~$100M annual
Inaugural quarterly dividend of $0.20 per share, payable Jan. 31, 2023 to holders of record Jan. 17, 2023.
FNF completes distribution of 15% of F&G; FG begins trading on NYSE, plans $100M annual dividend
FNF distributed ~15% of F&G common stock to FNF shareholders; FNF retains ~85% ownership.
F&G Annuities & Life enters $550M unsecured revolving credit facility
Credit agreement with Bank of America, JPMorgan, RBC and others provides up to $550M for working capital and general corporate purposes.
SEC declares effective F&G Form 10; spin-off of ~15% of shares to FNF holders on Dec 1
FNF shareholders receive 68 F&G shares per 1,000 FNF shares held as of Nov 22 record date.
Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President.
Conor Murphy, current President and Chief Financial Officer, will assume a broader role as Chief Executive Officer and President.
Michael Bailey will join the Company as Executive Vice President, Chief Financial Officer effective August 3, 2026
Mark Wiltse, F&G’s Chief Accounting Officer, will serve as Interim Chief Financial Officer until August 3, 2026.
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).
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.
the Company has appointed Conor Murphy as its new Chief Financial Officer, effective April 1, 2025.
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.
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.
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.
William P. Foley, II, Douglas K. Ammerman and John D. Rood were appointed to the Board.
William P. Foley, II, Douglas K. Ammerman and John D. Rood were appointed to the Board.
Max materiality 0.80 · Median 0.62 · Most common event earnings