F&G Annuities & Life reports Q3 net earnings of $114 million

Reuters
Nov 07, 2025
F&G Annuities & Life reports Q3 net earnings of $114 million

F&G Annuities & Life Inc. reported third quarter 2025 net earnings attributable to common shareholders of $114 million, or $0.85 per diluted share, compared to a net loss of $10 million, or $0.08 per share, in the third quarter of 2024. Record assets under management before flow reinsurance reached $71.4 billion, up 14% from the same period last year. Gross sales for the quarter were $4.2 billion, an 8% increase year-over-year, while net sales totaled $2.8 billion, up from $2.4 billion in the third quarter of 2024. Core sales were $2.2 billion and opportunistic sales were $2.0 billion. The company's investment portfolio performance remained strong, with 96% of fixed maturities rated investment grade and credit-related impairments averaging 6 basis points over the past five years.

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