Breaking Down F&G Annuities & Life, Inc. 7.95 Financial Health: Key Insights for Investors

Founded in 1959 and headquartered in Des Moines, F&G Annuities & Life, Inc. serves more than 1,000,000 customers nationwide as a subsidiary of Fidelity National Financial, a Fortune 500 company, delivering annuities and life insurance products designed to protect savings and provide tax‑deferred retirement income; driven by a mission to "help people turn their aspirations into reality," a vision to "improve the financial lives of more and more people," and core values of being collaborative, authentic, dynamic, and empowered, F&G couples a passionate, inclusive culture with recognized product and service excellence-ranked first across product offerings, interaction, statements, price, and communication in the J.D. Power 2023 U.S. Individual Annuity Study-while operating a LEED‑certified headquarters and promoting flexible work arrangements to reduce its environmental footprint.

F&G Annuities & Life, Inc. 7.95 (FGN) - Intro

Mission

Vision

Core Values

• Customer focus - design and deliver solutions that protect savings and provide reliable retirement income.
• Collaboration - cross‑functional teamwork to innovate and serve clients better.
• Authenticity - transparent communication and integrity in product design and service.
• Empowerment - equip employees to make decisions that benefit customers and the business.
• Respect & inclusion - foster an environment where all team members feel supported and valued.

Products & Value Proposition

• Fixed and indexed annuities designed for tax‑deferred growth and lifetime income solutions.
• Life insurance offerings aimed at wealth transfer, income protection, and legacy planning.
• Advisory and distribution partnerships that enhance reach to financial professionals and individual consumers.

Recognition & Customer Satisfaction

Culture & Workplace

• Collaborative, authentic, dynamic, and empowered culture that encourages inclusion and innovation.
• LEED‑certified Des Moines headquarters and flexible work arrangements to reduce environmental impact and support employee wellbeing.

F&G Annuities & Life, Inc. 7.95 (FGN) - Overview

• Customer-centric focus: products tailored to individual goals-income replacement, legacy planning, retirement accumulation and guaranteed lifetime income.
• Financial security emphasis: guaranteeing income and death-benefit protections designed to stabilize household balance sheets.
• Culture and people: an internal team committed to mutual respect, collaboration and delivering measurable client outcomes.
• Operational orientation: aligning underwriting, asset management and distribution to reduce friction and improve client retention.

• Policies and contracts: focus on scalable, durable products that support multigenerational planning.
• Advisory and distribution partnerships: broker-dealer, independent advisor and bank channels to extend reach.
• Client outcomes: retention, persistency and guaranteed payout delivery are primary KPIs tied to the mission.

• Product design: guarantees and riders calibrated to lifetime income needs, with pricing tied to long-term capital efficiency.
• Risk management: diversified fixed-income portfolio management to match liabilities and protect guaranteed benefits.
• Distribution enablement: training, digital quoting and case support to reduce time-to-close and improve advisor success rates.
• Client service: targeted outreach and education to improve persistency and maximize policyholder outcomes.

• Vision: be a leading provider of retirement security solutions-recognized for reliability, tailored guarantees and strong policyholder outcomes.
• Strategic priorities: grow fee-bearing annuity flows, optimize capital deployment, expand advisor partnerships, and maintain regulatory and actuarial strength.

• Mutual respect: cross-functional collaboration between underwriting, investments and distribution teams.
• Accountability: KPIs tied to client outcomes (persistency, claims fulfillment, net promoter scores).
• Integrity and transparency: clear communications about product features, fees and guarantees.
• Innovation: iterative product enhancements and digital servicing aligned to advisor and client needs.

F&G Annuities & Life, Inc. 7.95 (FGN) Mission Statement

• Customer focus: design products that prioritize predictable retirement income and death benefit protection.
• Operational excellence: maintain disciplined risk management and capital efficiency to support long-term promises.
• Team-driven delivery: leverage a motivated workforce committed to service, integrity, and respect.
• Distribution partnership: work closely with advisors and intermediaries to expand reach and suitability of solutions.

• Continuous improvement: target incremental increases in customers served and products in-market year over year.
• Scalability: expand distribution footprint while maintaining underwriting and claims discipline.
• Culture of respect: foster inclusion, professional development, and cross-functional collaboration.
• Long-term perspective: balance near-term performance with capital strength to honor future liabilities.

• Capital strategy: maintain diversified investment portfolio and reinsurance where appropriate to protect promises.
• Product focus: emphasize guaranteed-income annuities and life products that meet retirement security needs.
• Distribution metrics: grow advisor relationships and digital access points to increase annualized new business.

F&G Annuities & Life, Inc. 7.95 (FGN) - Vision Statement

• Collaborative - Fostering internal teamwork and external partnerships to combine distribution, product design, and capital solutions that maximize client outcomes and shareholder value.
• Authentic - Practicing transparency in pricing, product features, and decision-making; honoring commitments to policyholders and partners to build credibility and trust.
• Dynamic - Encouraging innovation in product design, reinsurance structures, and digital channels to respond to market shifts and evolving retirement needs.
• Empowered - Promoting accountability, inclusiveness, and decentralized decision-making so employees and distribution partners can act swiftly and take ownership of results.

• Collaborative initiatives: multi-channel distribution partnerships resulting in a 15-20% annual contribution to new annuity deposits from strategic alliances.
• Authenticity measures: customer complaint ratios and claim payment timeliness tracked monthly; target: maintain complaint ratios below industry median.
• Dynamic execution: ongoing product R&D and hedging program adjustments aimed to protect statutory surplus with a goal of maintaining RBC above 200% under stress scenarios.
• Empowerment outcomes: decentralized underwriting and case-approval authorities, reducing decision turnaround time by ~30% year-over-year in pilot units.

• Capital management - Optimize reinsurance, surplus notes, and hedging to sustain solvency and support product innovation.
• Product design - Develop lifetime income features, indexed annuities, and tailored life products that balance competitiveness and profitability.
• Distribution - Expand broker-dealer, independent agent, and institutional channels while deepening digital intermediated sales.
• Operations & tech - Invest in straight-through processing, analytics, and claims automation to increase efficiency and customer transparency.