F&G

F&G

Provides life insurance and annuities

About F&G

Simplify's Rating
Why F&G is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

501-1,000

Company Stage

IPO

Headquarters

Des Moines, Iowa

Founded

1959

Overview

F&G provides life insurance and annuities, focusing on helping individuals achieve financial stability and plan for their future. The company works closely with financial advisors and agents to create customized financial products that cater to the unique needs of their clients. With a strong presence in the U.S. market, F&G serves over 700,000 customers and collaborates with 44,000 licensed agents. Unlike many competitors, F&G emphasizes collaboration and empowerment, aiming to be a trusted partner in financial prosperity. The company is recognized for its reliability, holding high ratings from AM Best and S&P Global.

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Simplify's Take

What believers are saying

  • F&G declared dividends on common and preferred stock in May 2025.
  • The company received a $250 million investment from Fidelity National Financial.
  • F&G benefits from the rise of personalized financial products using AI and big data.

What critics are saying

  • F&G reported a net loss of $25 million in Q1 2025.
  • Increased competition from National Western Life hiring former F&G executive.
  • The $375 million junior subordinated notes offering could increase financial burden.

What makes F&G unique

  • F&G collaborates with 44,000 licensed agents for tailored financial products.
  • The company holds an A rating from AM Best and S&P Global.
  • F&G serves over 700,000 clients, focusing on financial stability and future planning.

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Funding

Total Funding

$6386M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Flexible Work Hours

Company News

PR Newswire
May 8th, 2025
Fg Annuities Life Declares Dividends On Common And Preferred Stock

DES MOINES, Iowa, May 8, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") today announced that its Board of Directors has declared a quarterly cash dividend in the amount of $0.22 per common share. The dividend will be payable on June 30, 2025, to stockholders of record as of June 16, 2025.The Board also declared a quarterly cash dividend of $0.859375 per share of F&G's 6.875% Series A Mandatory Convertible Preferred Stock, to be paid on July 15, 2025, to holders of record as of July 1, 2025.About F&GF&G Annuities and Life, Inc. is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.Contact:Lisa Foxworthy-ParkerSVP of Investor & External Relations[email protected]515.330.3307SOURCE F&G Annuities & Life, Inc

PR Newswire
May 7th, 2025
Fg Annuities Life Reports First Quarter 2025 Results

DES MOINES, Iowa, May 7, 2025 /PRNewswire/ -- FG Annuities Life, Inc. (NYSE: FG) (FG or the Company) a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today reported financial results for the first quarter ended March 31, 2025. Net loss attributable to common shareholders (net loss) for the first quarter of $25 million, or $0.20 per diluted share (per share), compared to net earnings of $111 million, or $0.88 per share, for the first quarter of 2024.  Net loss for the first quarter included $105 million of net unfavorable mark-to-market effects and $11 million of other unfavorable items; all of which are excluded from adjusted net earnings.  Net earnings for the first quarter of 2024 included $17 million of net favorable mark-to-market effects and $14 million of other unfavorable items; all of which are excluded from adjusted net earnings. Adjusted net earnings attributable to common shareholders (adjusted net earnings) for the first quarter of $91 million, or $0.72 per share, compared to $108 million, or $0.86 per share, for the first quarter of 2024.  Adjusted net earnings include significant income and expense items and alternative investment portfolio returns from short-term mark-to-market movement that differ from long-term return expectations. Please see the "First Quarter 2025 Results" and "Non-GAAP Measures and Other Information" sections for further explanation

PR Newswire
May 7th, 2025
Fnf Reports First Quarter 2025 Financial Results

JACKSONVILLE, Fla., May 7, 2025 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE:FNF) ("FNF" or the "Company"), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through its majority-owned, publicly traded subsidiary FG Annuities Life, Inc. (NYSE:FG) ("FG"), today reported financial results for the first quarter ended March 31, 2025. Net earnings attributable to common shareholders for the first quarter were $83 million, or $0.30 per diluted share (per share), compared to net earnings of $248 million, or $0.91 per share, for the first quarter of 2024. Net earnings attributable to common shareholders include mark-to-market effects and non-recurring items; all of which are excluded from adjusted net earnings attributable to common shareholders. Adjusted net earnings attributable to common shareholders (adjusted net earnings) for the first quarter were $213 million, or $0.78 per share, compared to $206 million, or $0.76 per share, for the first quarter of 2024

PR Newswire
Apr 23rd, 2025
Fg Annuities Life Announces First Quarter 2025 Earnings Release And Conference Call

DES MOINES, Iowa, April 23, 2025 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) (F&G), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release first quarter 2025 earnings after the close of regular market trading on Wednesday, May 7, 2025.A webcast and conference call to discuss the results will follow at 9:00 a.m. Eastern Time on Thursday, May 8, 2025. Additional information about the quarterly financial results, including the earnings release, will be available on F&G's Investor Relations website at investors.fglife.com.Webcast, Conference Call and Replay InformationThe event can be accessed the following ways:For internet webcast access, register through F&G's Investor Relations website at investors.fglife.comFor telephone access, dial-in at 1-877-407-3982 ( USA ) or 1-201-493-6780 (International)) or 1-201-493-6780 (International) The conference call replay will be available via webcast through F&G's Investor Relations websiteAbout F&GF&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit www.fglife.com.Contact:Lisa Foxworthy-ParkerSVP of Investor & External Relations[email protected]515.330.3307SOURCE F&G Annuities & Life, Inc

FGL Life
Apr 2nd, 2025
F&G Annuities & Life Announces $250 Million Investment From Fidelity National Financial

FG Annuities Life, Inc. (NYSE: FG) ("FG or the Company") today announced the closing of a $250 million preferred stock investment from parent Fidelity National Financial, Inc. ("FNF").  FG intends to use net proceeds from the investment to support the growth of its insurance company subsidiaries. Under the terms of the agreement, FNF has agreed to invest $250 million in exchange for 5,000,000 shares of FG's 6.875% Series A Mandatory Convertible Preferred Stock, par value $0.001 per share (the "Mandatory Convertible Preferred Stock"). Each share of Mandatory Convertible Preferred Stock will have a liquidation preference of $50.00 per share. Unless earlier converted at the option of the holder, each outstanding share of the Mandatory Convertible Preferred Stock will automatically convert into shares of common stock of FG on January 15, 2027 (the "Mandatory Conversion Date"). Upon conversion on the Mandatory Conversion Date, the conversion rate for each

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