F&G Annuities & Life Earnings Reports

F&G Annuities & Life reported net earnings of $35 million, or $0.26 per diluted share, for the second quarter of 2025. Adjusted net earnings were $103 million, or $0.77 per share. The company saw significant growth in AUM before flow reinsurance, reaching $69.2 billion, a 13% increase from the prior year, driven by strong sales, particularly in the retail channel.

F&G Annuities & Life delivered a robust first quarter in 2025, with significant increases in net income and assets under management. The company's strategic focus on retail and institutional channels, coupled with effective capital deployment, contributed to its strong financial performance.

F&G Annuities & Life, Inc. (F&G) reported net earnings of $323 million ($2.50 per share) in Q4 2024, recovering from a net loss of $299 million in Q4 2023. Adjusted net earnings rose to $143 million ($1.12 per share), supported by strong investment income. Total revenue for the quarter was $1.56 billion, with record assets under management reaching $53.82 billion. The company achieved a return on assets of 1.06%, reflecting a robust investment performance.

F&G Annuities & Life reported a net loss of $10 million for Q3 2024, but adjusted net earnings were $156 million, up from $120 million in Q3 2023. Gross sales increased by 39% year-over-year, driven by record retail channel sales. Assets under management before flow reinsurance reached a record $62.9 billion.

F&G Annuities & Life reported a strong second quarter in 2024, with record gross sales of $4.4 billion, a 47% increase year-over-year, driven by record retail and robust institutional market sales. AUM reached a record $52.2 billion, up 13% from the prior year quarter. Adjusted net earnings were $139 million, or $1.10 per share, compared to $79 million, or $0.63 per share in the second quarter of 2023.

F&G Annuities & Life reported a net income of $111 million for Q1 2024, a significant improvement compared to the net loss of $195 million in Q1 2023. Adjusted net earnings were $108 million, or $0.86 per share, compared to $61 million, or $0.49 per share, for the same period last year. The company experienced growth in gross sales, reaching $3.5 billion, and record assets under management of $49.8 billion.

F&G Annuities & Life reported a net loss of $299 million for Q4 2023, impacted by unfavorable mark-to-market effects, but achieved record gross sales of $4.1 billion and record AUM of $49.5 billion. The company's adjusted net earnings were $75 million, influenced by investment income from alternative investments and significant expense items.

F&G Annuities & Life reported net earnings of $130 million for Q2 2023, compared to $385 million in Q2 2022. Adjusted net earnings were $79 million, down from $155 million in the prior year. Despite the decrease in earnings, the company achieved a record $46.3 billion in assets under management and returned $41 million of capital to shareholders.