F&G Annuities & Life Ranked Among Top Pension Risk Transfer Market Leaders For Fourth Consecutive Year
F&G Annuities & Life (NYSE: FG) has maintained its position among the top 10 pension risk transfer (PRT) market leaders for the fourth consecutive year, with cumulative sales exceeding $7 billion.
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Rhea-AI Summary
F&G Annuities & Life (NYSE: FG) has maintained its position among the top 10 pension risk transfer (PRT) market leaders for the fourth consecutive year, with cumulative sales exceeding $7 billion. The company achieved record PRT sales of $2.2 billion in 2024, representing a 15% increase from 2023, and added $300 million in Q1 2025.
Since entering the PRT market in 2021, F&G has completed over 30 transactions serving more than 125,000 participants and beneficiaries. The company ranks among the top 6 PRT writers for deals below $1 billion, operating within a $3 trillion private pension market. F&G's success is attributed to its competitive pricing, large diversified balance sheet, high-quality investment portfolio, and tech-enabled servicing capabilities.
Positive
- Record PRT sales of $2.2 billion in 2024, up 15% from 2023
- Strong market position as top 6 player in PRT writers for deals under $1 billion
- Successful execution of over 30 transactions serving 125,000+ participants
- Continued growth with additional $300 million PRT sales in Q1 2025
Negative
- None.
Details
News Market Reaction – FG
The recorded move for FG in the trading session of this news was -14.48%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
F&G's momentum continued in 2024 with a record
"We have built an impressive PRT track record and it remains a key component of F&G's overall growth and diversification strategy," said Jay Dinunzio, Senior Vice President of PRT Sales and Operations at F&G. "In an increasingly competitive market, F&G has developed and maintained an efficient and effective approach by adding new market segments, selectively broadening our prospects through additional PRT consultants and strategically adapting as opportunities arise."
F&G's competitive pricing, large and diversified balance sheet, high quality investment portfolio and tech-enabled servicing for PRT reflect the Company's ability to deliver superior value. Against a backdrop of a large
"Pension fiduciaries continue to choose F&G as one of the most reliable and cost effective providers to balance their needs of spending plan assets prudently while fully securing pension benefits," added Dinunzio. "We look forward to continued momentum in delivering compelling financial and benefit security outcomes to our clients and ultimately pension beneficiaries."
To learn more, please visit: https://www.fglife.com/institutional/plan-sponsor
About F&G
F&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
Contact:
Lisa Foxworthy-Parker
SVP of Investor & External Relations
Investor.relations@fglife.com
515.330.3307
1LIMRA PRT Market Sales Ranking FY2024
View original content:https://www.prnewswire.com/news-releases/fg-annuities--life-ranked-among-top-pension-risk-transfer-market-leaders-for-fourth-consecutive-year-302448975.html
SOURCE F&G Annuities & Life, Inc.
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