For the year ending 2025-12-31, FGSN has $98,430M in assets. $93,513M in debts. $1,486M in cash and cash equivalents.
| Balance Sheets | 2025-12-31 | |||
|---|---|---|---|---|
| Fixed maturity securities, available-for-sale securities, amortized cost | 18,847 | |||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | -25 | |||
| Gross unrealized gains | 166 | |||
| Gross unrealized losses | -256 | |||
| Asset Backed Securities | 18,732 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 5,298 | |||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | -61 | |||
| Gross unrealized gains | 57 | |||
| Gross unrealized losses | -139 | |||
| Commercial Mortgage Backed Securities | 5,155 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 25,333 | |||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | -17 | |||
| Gross unrealized gains | 290 | |||
| Gross unrealized losses | -2,356 | |||
| Corporate Debt Securities | 23,250 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 625 | |||
| Gross unrealized gains | 6 | |||
| Gross unrealized losses | -22 | |||
| Hybrids | 609 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 1,562 | |||
| Gross unrealized gains | 4 | |||
| Gross unrealized losses | -211 | |||
| Municipals | 1,355 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 2,840 | |||
| Fixed maturity securities, available-for-sale securities, allowance for credit losses | -1 | |||
| Gross unrealized gains | 76 | |||
| Gross unrealized losses | -70 | |||
| Residential Mortgage Backed Securities | 2,845 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 495 | |||
| Gross unrealized losses | -2 | |||
| USGovernment Agencies Debt Securities | 493 | |||
| Fixed maturity securities, available-for-sale securities, amortized cost | 292 | |||
| Gross unrealized gains | 4 | |||
| Gross unrealized losses | -35 | |||
| Foreign Government Debt Securities | 261 | |||
| Fixed maturity securities available for sale, at fair value, at december31, 2025 and 2024, at an amortized cost of 55,292 and 49,729, respectively, net of allowance for credit losses of 104 and 62, respectively | 52,700 | |||
| Equity securities, at fair value-Preferred Stock | 341 | |||
| Derivative investments | 1,148 | |||
| Mortgage loans, net of allowance for credit losses of 86 and 70 at december31, 2025 and 2024, respectively | 7,891 | |||
| Investments in unconsolidated affiliates (2025 includes 262 related to investments held by consolidated variable interest entities (vies) and 2025 and 2024 include certain investments at fair value of 270 and 272, respectively) | 4,878 | |||
| Other long-term investments (2025 includes 248 related to investments held by consolidated vies) | 1,294 | |||
| Policy loans | 147 | |||
| Short-term investments (2025 includes 116 related to investments held by consolidated vies) | 1,043 | |||
| Total investments | 69,442 | |||
| Cash and cash equivalents (2025 includes 2 related to investments held by consolidated vies) | 1,486 | |||
| Reinsurance recoverable, net of allowance for credit losses of 18 and 20 at december31, 2025 and 2024, respectively | 17,545 | |||
| Goodwill | 2,180 | |||
| Prepaid expenses and other assets (certain assets held at fair value of 24 and 11 at december31, 2025 and 2024, respectively) | 1,052 | |||
| Voba | 1,196 | |||
| Dac | 3,637 | |||
| Dsi | 891 | |||
| Definite lived-Value Of Distribution Asset | 62 | |||
| Definite lived-Computer Software Intangible Asset | 80 | |||
| Definite lived-Trademarks Tradenames And Other | 173 | |||
| Definite lived-Customer Relationships | 228 | |||
| Indefinite lived tradenames and other-Trademarks And Trade Names | 8 | |||
| Other intangible assets, net | 6,275 | |||
| Market risk benefits asset | 285 | |||
| Income taxes receivable | 83 | |||
| Deferred tax asset, net | 82 | |||
| Total assets | 98,430 | |||
| Contractholder funds | 62,726 | |||
| Future policy benefits | 10,755 | |||
| Market risk benefits liability | 903 | |||
| Accounts payable and accrued liabilities | 2,701 | |||
| Income taxes payable | 0 | |||
| Notes payable | 2,237 | |||
| Funds withheld for reinsurance liabilities | 14,191 | |||
| Total liabilities | 93,513 | |||
| Additional paid-in-capital | 3,764 | |||
| Retained earnings | 2,568 | |||
| Accumulated other comprehensive income (loss) ('aoci') | -1,488 | |||
| Treasury stock, at cost (1,445,814 shares and 1,159,299 shares as of december31, 2025 and 2024, respectively) | 40 | |||
| Total f&g annuities & life, inc. shareholders' equity | 4,804 | |||
| Non-controlling interests | 113 | |||
| Total equity | 4,917 | |||
| Total liabilities and equity | 98,430 | |||
F&G Annuities & Life, Inc. (FGSN)
F&G Annuities & Life, Inc. (FGSN)