# F&G

> F&G is a U.S. life insurer and retirement solutions provider selling annuities and indexed universal life insurance through financial professionals, banks and broker-dealers, and assuming pension obligations for institutional clients.

- **Founded:** 1959
- **Headquarters:** Des Moines, United States
- **Products:** Fixed indexed annuities, F&G Secure MYGA, F&G Confidence Builder, Indexed universal life insurance, Pension risk transfer
- **Notable:** Passed $5 billion in cumulative pension risk transfer sales by May 2024., Launched its first RILA in February 2024., Reported $74.7 billion of AUM before reinsurance at June 30, 2026; retained AUM was $55.9 billion.

## Products & services

- **Fixed indexed annuities** — Interest linked to an index through contract formulas, with protection from market losses; optional income benefits vary by contract.
- **F&G Secure MYGA** — Single-premium fixed deferred annuities with a declared interest rate for a specified guarantee period.
- **F&G Confidence Builder** — Registered index-linked annuity offering index-linked strategies and limited downside protection; principal can be lost.
- **Indexed universal life insurance** — Permanent life insurance combining a death benefit with cash-value interest crediting options and optional riders.
- **Pension risk transfer** — Group annuity arrangements that assume defined-benefit pension payment obligations from plan sponsors.
- **Institutional funding agreements** — Insurance funding agreements supporting institutional financing, including funding agreement-backed notes.

## Achievements

- Passed $5 billion in cumulative pension risk transfer sales by May 2024.
- Launched its first RILA in February 2024.
- Reported $74.7 billion of AUM before reinsurance at June 30, 2026; retained AUM was $55.9 billion.

## Latest updates

- **2026-08** — Reported second-quarter 2026 results: $2.719 billion gross sales, $81 million GAAP net loss and $85 million adjusted net earnings.
- **2026-08** — Michael Bailey became CFO effective August 3.
- **2026-06** — Conor Murphy became CEO and President effective June 30, succeeding Chris Blunt.
- **2026-03** — Closed the sale of F&G Life Re to Ancient Financial, effective March 1.

## Links

- Website: https://www.fglife.com/
- LinkedIn: https://www.linkedin.com/company/fidelity-&-guaranty-life/
- Twitter/X: https://twitter.com/fg_life
- YouTube: https://www.youtube.com/user/MyFGLife
- Instagram: https://www.instagram.com/fglife_team/
- Facebook: https://www.facebook.com/FidelityandGuarantyLife

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Profile page: https://yespress.io/fandg
Published by YesPress — https://yespress.io
Last updated: 2026-10-22