F&G Insurance Subsidiary Financial Information and Regulatory Matters (Tables)

3 Months Ended

Mar. 31, 2026

Schedule of Statutory Accounting Practices

Our principal insurance subsidiaries' audited statutory financial statements are based on a December 31 year end. Statutory net income for the three months ended March 31, 2026 and 2025, and statutory capital and surplus as of March 31, 2026 and December 31, 2025, of our wholly owned U.S. regulated insurance subsidiaries, were as follows:


	Subsidiary (state of domicile) (a)
	FGL Insurance (IA)		FGL NY Insurance (NY)		Raven Re (VT)		Corbeau Re (VT)
Statutory Net income (loss):	(In millions)
For the three months ended March 31, 2026	$	(14)	$	3	$	8	$	(40)
For the three months ended March 31, 2025	(127)		4		10		(52)




Statutory Capital and Surplus:
March 31, 2026	$	1,551	$	125	$	190	$	228
December 31, 2025	1,735		122		182		236

(a) FGL NY Insurance, Raven Re, and Corbeau Re are subsidiaries of FGL Insurance, and the columns should not be added together.

Net income and capital and surplus of our wholly owned Cayman Islands insurance subsidiary under SAP were as follows:


	Subsidiary (country of domicile)
	F&G Cayman Re (Cayman Islands)
	(In millions)
Statutory Net income (loss):
For the three months ended March 31, 2026	$	(9)
For the three months ended March 31, 2025	15




Statutory Capital and Surplus:
March 31, 2026	$	1,145
December 31, 2025	1134

- Definition

Tabular disclosure of how the entity's reporting under GAAP as of the balance sheet date differs from the results based on prescribed and permitted accounting practices of the state or country of domicile in which a relevant statutory filing is made, or differences in results based on the National Association of Insurance Commissioners (NAIC) prescribed practices, or a combination thereof. Describes the accounting practices used and the related monetary effect on statutory surplus, net income, and risk-based capital. If an insurance enterprise's risk-based capital would have triggered a regulatory event had it not used a permitted practice, that fact is disclosed in the financial statements. Permitted statutory accounting practices include practices not prescribed but allowed by the domiciliary state insurance department regulatory authority.

+ References + Details

Fidelity National Financial, Inc. 10-Q