F&G Annuities & Life, Inc. (FG) FY2025 10-K Annual Report

Filed: Feb 26, 2026
Financials
Life InsuranceSEC EDGAR

F&G Annuities & Life, Inc. (FG) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Feb 26, 2026. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

F&G Annuities & Life, Inc. FY2025 10-K Analysis

Business Overview

  • Core business: Provides annuities and life insurance products with focus on indexed annuities and indexed universal life (IUL) policies
  • New segment emphasis: Majority owned interests in Roar and PALH acquired in 2024, contributing $39 million to 2024 operating expenses
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Management Discussion & Analysis

  • No specific revenue or YoY change amounts disclosed
  • No profitability or margin % figures provided
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Risk Factors

  • Regulatory risk: sensitivity to NAIC regulatory RBC capital requirements under moderate to extreme stress scenarios affecting statutory capital
  • Macroeconomic risk: interest rate risk on $57.75B investment portfolio sensitive to rate changes impacting earnings and product spreads
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F&G Annuities & Life, Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$5.7B

-0.2% YoY

Net Income

$265M

-58.5% YoY

Net Margin

4.6%

-650bp YoY

ROE

5.5%

-1066bp YoY

Total Assets

$98.4B

+15.7% YoY

EPS (Diluted)

$1.88

-61.5% YoY

Operating Cash Flow

$4.7B

-22.0% YoY

Source: XBRL data from F&G Annuities & Life, Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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