Welcome to our dedicated page for F&G Annuities & Life news (Ticker: FG), a resource for investors and traders seeking the latest updates and insights on F&G Annuities & Life stock.
F&G Annuities & Life Inc. (FG) delivers innovative insurance solutions through annuities and life insurance products designed for retirement security and institutional risk management. This page provides investors and financial professionals with direct access to the company's official announcements and market-moving developments.
Track FG's latest earnings reports, product launches, and strategic initiatives through verified press releases and regulatory filings. Our curated collection ensures you stay informed about deferred annuity innovations, pension risk transfer solutions, and indexed universal life insurance updates.
Key coverage areas include quarterly financial results, leadership changes, partnership announcements, and compliance-related disclosures. The repository serves as an essential tool for analyzing FG's market position in the competitive insurance sector.
Bookmark this page to monitor how FG's multi-channel distribution strategy and risk management approaches translate into operational updates. Check regularly for new developments affecting retirement planning solutions and institutional funding agreements.
F&G Annuities & Life reported a net loss of $100 million, or $0.80 per diluted share, for Q4 2022, a stark contrast to net earnings of $121 million in Q4 2021. For the full year, net earnings were $481 million, down from $865 million in 2021. Despite this, total gross sales reached a record $2.7 billion for Q4, up 23% year-over-year, and $11.3 billion for the full year, an 18% increase. Assets under management rose by 19% to $43.6 billion. The company initiated a $100 million dividend program and completed a partial spinoff in December 2022, with a strong RBC ratio of 440%. A.M. Best revised the ratings outlook to 'positive', reflecting optimistic future performance.
Fidelity National Financial (NYSE: FNF) announced a quarterly cash dividend of $0.45 per share, payable on March 31, 2023. Stockholders of record as of March 17, 2023 will receive this dividend. FNF is a leading provider of title insurance and transaction services to the real estate and mortgage industries. The company operates several title insurance underwriters, including Chicago Title and Commonwealth Land Title, making it the largest title insurance company in the United States.
Fidelity National Financial (NYSE: FNF) will release its fourth quarter and full year 2022 earnings on February 22, 2023, after market close. A webcast and conference call are scheduled for February 23, 2023, at 11:00 a.m. ET to discuss the results. FNF is a leading title insurance provider and offers financial solutions through its subsidiary F&G Annuities & Life (NYSE: FG). The company is recognized as the largest title insurance company in the U.S., issuing more policies than any other firm. For further details, visit www.fnf.com.
F&G Annuities & Life (NYSE: FG) will announce its fourth quarter and full year 2022 earnings after market close on February 22, 2023. A webcast and conference call to discuss the results will be held on February 23, 2023, at 9:00 a.m. Eastern Time. Investors can access the presentation via the Investor Relations website. The earnings release will provide key financial metrics and insights into the company’s performance.
F&G, headquartered in Des Moines, Iowa, specializes in providing insurance solutions for retail and institutional clients.
Fidelity National Financial (FNF) will release its Q4 and full-year 2022 earnings on February 22, 2023, after market close. A webcast and conference call to discuss the results will occur at 11:00 a.m. ET on February 23, 2023. FNF is a key player in the title insurance and transaction services sectors, operating through subsidiaries like F&G Annuities & Life. As the largest title insurance company in the U.S., FNF's upcoming financial disclosures are expected to impact its stock performance.
On January 31, 2023, F&G Annuities & Life (NYSE: FG) announced its acquisition of a 49% equity stake in SYNCIS, a prominent independent marketing organization. This partnership aims to diversify F&G's earnings and expand its presence in underserved markets, particularly within the middle-income demographic. SYNCIS has been a key distribution partner for nearly 15 years and significantly contributes to F&G's ranking as a top indexed universal life provider. The investment aligns with F&G's growth strategy following its recent spinoff, focusing on meeting the demand for permanent life insurance among multicultural and middle-market segments.
On January 9, 2023, F&G Annuities & Life announced the pricing of a $500 million offering of 7.40% senior notes due 2028. The offering is set to close on January 13, 2023, pending customary conditions. These notes will be guaranteed on an unsecured, unsubordinated basis by F&G's subsidiaries. The net proceeds will support growth in assets under management and future liquidity needs. The notes are being offered to qualified institutional buyers and non-U.S. persons per SEC regulations. This press release does not constitute an offer or solicitation for securities.
F&G Annuities & Life, Inc. (NYSE: FG) declared its inaugural quarterly cash dividend of $0.20 per share, as part of a planned annual payout of approximately $100 million. The dividend will be paid on January 31, 2023, to stockholders on record by January 17, 2023. CEO Chris Blunt emphasized this decision reflects the company's strong business foundation and commitment to shareholder value. Future dividends will undergo quarterly review and are contingent on macroeconomic and business performance.
F&G's annual Risk Tolerance Tracker reveals a significant rise in financial risk aversion among American investors, with 67% feeling their financial safety net has diminished. This represents a stark increase from 47% in 2021. Furthermore, concerns about retirement income surged to 73%, up from 61% last year. Inflation worries are paramount, with 79% of respondents expressing concern. The report suggests that 53% of investors are seeking ways to supplement income, highlighting a shift in investment behavior amidst increasing uncertainty.
Fidelity National Financial (FNF) has completed a distribution to its shareholders of approximately 15% of the common stock of its subsidiary, F&G, which is now trading on the NYSE under the symbol 'FG'. FNF retains an 85% ownership stake in F&G, which has seen assets under management grow to $42 billion, nearing its goal of $50 billion set during its acquisition in 2020. The CEO of F&G announced plans for a quarterly cash dividend starting in 2023, amounting to about $100 million per year. This move aims to enhance shareholder value and position F&G for continued growth.
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