Carrier Summary

F&G Annuities & Life

A leading provider of insurance solutions with 65+ years of protecting policyholders. Originally incorporated in 1959, F&G has safeguarded more than 700,000 people across the United States with life and annuity products.

$71B+
Assets Under Mgmt
$15.3B
2024 Gross Sales
700K+
Policyholders
65+
Years Since 1959

Key Facts

F&G is a majority-owned subsidiary of Fidelity National Financial (NYSE: FNF), with Blackstone serving as a strategic partner managing a significant portion of F&G's investment portfolio.

Headquarters
Des Moines, Iowa
Founded
1959
Stock Symbol
NYSE: FG
Ownership
Public — ~85% owned by FNF; Blackstone strategic partnership
2024 Earnings
$657M adjusted net earnings (+22% YoY)
Portfolio Quality
97% investment-grade fixed maturities
NY Issuing Company
Fidelity & Guaranty Life Insurance Company of New York
Other States
Fidelity & Guaranty Life Insurance Company

Credit Ratings

F&G holds strong financial strength ratings from all four major rating agencies. In January 2024, A.M. Best upgraded F&G from A- to A (Excellent).

Financial Strength Ratings

Rating Agency Rating Outlook Meaning
A.M. Best A Stable Excellent
S&P Global A- Stable Strong
Fitch Ratings A- Stable Strong
Moody's A3 Stable Upper-Medium Grade
A
A.M. Best
Stable  ·  Excellent
A-
S&P Global
Stable  ·  Strong
A-
Fitch Ratings
Stable  ·  Strong
A3
Moody's
Stable  ·  Upper-Medium Grade
A.M. Best affirmed March 2025 (upgraded January 2024); all outlooks stable.

Product Portfolio

A comprehensive range of Indexed Universal Life, Fixed Indexed Annuity, and Multi-Year Guaranteed Annuity products designed for tax-advantaged retirement planning and wealth transfer.

Indexed Universal Life

IUL Products

  • Accumulator Plus — Cash value accumulation and wealth building
  • Prosperity Elite Plus — Balanced death benefit and cash value growth
  • Multiple index options with competitive caps and participation rates
  • Accelerated death benefits for critical, chronic, and terminal illness
Fixed Indexed Annuity

FIA Products

  • Safe Income Advantage — Guaranteed lifetime withdrawal benefits
  • Pro Performance — Growth-oriented with multiple index strategies
  • Power Accumulator — ETF-based interest crediting
  • AccumulatorPlus 7 & 10 — Flexible multi-term accumulation
  • Minimum premiums from $10,000; floor guaranteed at 0%
Multi-Year Guaranteed Annuity

MYGA Products

  • Guarantee-Platinum 3, 5 & 7 — Fixed rates for 3, 5, or 7 years
  • Premiums from $20,000 to $2.5 million (higher with approval)
  • Tax-deferred growth with competitive guaranteed fixed rates

Why F&G for Your Clients

Financial Strength

A-rated by A.M. Best (upgraded Jan 2024) with stable outlooks from all four major agencies.

Proven Track Record

65+ years of protecting policyholders since 1959 with consistent, reliable performance.

Record Growth

$71+ billion AUM (record Q3 2025) and $15.3B in 2024 gross sales, demonstrating market confidence.

Investment Expertise

Strategic partnership with Blackstone for best-in-class portfolio management.

Product Innovation

Competitive IUL and FIA products with strong caps, flexible features, and multiple index options.

New York Availability

Products available in NY through Fidelity & Guaranty Life Insurance Company of New York.

A Premier Carrier for Wealth Building


F&G Annuities & Life combines over six decades of insurance experience with the financial backing of Fidelity National Financial and Blackstone's investment expertise. With an upgraded A (Excellent) rating from A.M. Best, record assets under management exceeding $71 billion, and a comprehensive suite of IUL, FIA, and MYGA products, F&G is a premier carrier choice for tax-advantaged retirement planning and wealth transfer strategies.