F&G Annuities & Life, Inc. reports developments in annuity, life insurance and institutional insurance markets. The company serves retail annuity and life customers as well as institutional clients through insurance subsidiaries, with products that include fixed indexed annuities, registered index-linked annuities, multi-year guaranteed annuities, immediate annuities, indexed universal life insurance, funding agreements and pension risk transfer solutions.
Company announcements commonly address quarterly results, spread-based and fee-based operating performance, investment portfolio commentary, reinsurance arrangements, product distribution relationships, common and preferred stock dividends, share repurchase authorizations and ownership matters involving Fidelity National Financial, its majority shareholder.
F&G Annuities & Life (NYSE: FG) has announced quarterly dividend payments for both its common and preferred stockholders. The company will pay a $0.22 per share dividend on common stock on June 30, 2025, to shareholders of record as of June 16, 2025. Additionally, holders of the company's 6.875% Series A Mandatory Convertible Preferred Stock will receive a quarterly dividend of $0.859375 per share on July 15, 2025, with a record date of July 1, 2025.
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.
F&G Annuities & Life (NYSE: FG) has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, after market close. The company will host a conference call and webcast to discuss the results on Thursday, May 8, 2025, at 9:00 a.m. Eastern Time.
Interested parties can access the event through F&G's Investor Relations website at investors.fglife.com or via telephone at 1-877-407-3982 (USA) or 1-201-493-6780 (International). A replay of the conference call will be available through the company's Investor Relations website.
Fidelity National Financial (NYSE: FNF) has scheduled its first quarter 2025 earnings release for Wednesday, May 7, 2025, after market close. The company will host a conference call and webcast to discuss the results on Thursday, May 8, 2025, at 11:00 a.m. Eastern Time.
FNF operates as a leading provider of title insurance and transaction services to real estate and mortgage industries. Through its majority-owned subsidiary F&G Annuities & Life, Inc. (NYSE:FG), the company also provides insurance solutions for retail annuity and life customers and institutional clients. FNF maintains its position as the nation's largest title insurance company through its underwriters: Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title, and National Title of New York.
F&G Annuities & Life (NYSE: FG) has announced the pricing of a public offering of 8,000,000 shares of common stock at $35.00 per share. The company has granted underwriters a 30-day option to purchase up to an additional 1,200,000 shares.
Fidelity National Financial, F&G's majority stockholder, has committed to purchase 4,500,000 shares at $33.60 per share. The offering is expected to close on March 24, 2025. F&G plans to use the net proceeds for general corporate purposes, including supporting organic growth opportunities.
BofA Securities and J.P. Morgan Securities are serving as joint book-running managers for the offering, which is being conducted pursuant to an SEC-registered prospectus.
Fidelity National Financial (NYSE: FNF) has declared a quarterly cash dividend of $0.50 per share of common stock. The dividend will be paid on March 31, 2025, to stockholders of record as of March 17, 2025.
FNF operates as the nation's largest title insurance company through its underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York. The company serves as a leading provider of title insurance and transaction services to real estate and mortgage industries. Additionally, through its majority-owned subsidiary F&G Annuities & Life (NYSE: FG), FNF provides insurance solutions to retail annuity and life customers and institutional clients.
F&G Annuities & Life (NYSE: FG) has announced its Board of Directors' declaration of quarterly cash dividends for both common and preferred stockholders. Common shareholders will receive $0.22 per share, payable on March 31, 2025, to stockholders of record as of March 17, 2025. Additionally, holders of the company's 6.875% Series A Mandatory Convertible Preferred Stock will receive a quarterly dividend of $0.859375 per share, to be paid on April 15, 2025, to holders of record as of April 1, 2025.
F&G, headquartered in Des Moines, Iowa, is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients.
F&G Annuities & Life (NYSE: FG) has announced key executive changes effective April 1, 2025. Current CFO Wendy Young will transition to the newly created position of Chief Liability Officer, where she will lead liability management, reinsurance activities, and offshore entities. Conor Murphy has been appointed as the new Chief Financial Officer.
The organizational restructuring comes as F&G has experienced significant growth, more than doubling its assets under management through product diversification and distribution expansion. Murphy brings extensive industry experience, having previously served as President and CEO of Resolution Life US and held executive positions at Brighthouse Financial and MetLife.
CEO Chris Blunt emphasized that these changes are designed to effectively manage the company's growth and scale while maximizing profitability and return on equity for long-term shareholder value.