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.
Gross sales of $3.9 billion, an increase of 39% over the third quarter 2023, primarily driven by record retail channel sales
Assets under management before flow reinsurance of $62.9 billion, an increase of 20% over the third quarter 2023
Adjusted return on assets expansion above baseline of 110 basis points
Returned $31 million of capital to shareholders from common and preferred dividends
F&G is well-positioned for the remainder of the year and continues to make great progress toward Investor Day targets.
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