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F&G Annuities & Life shared its third-quarter results, showing record assets of $76.2 billion and a 24% jump in retail sales.

ResultsRead the original at Benzinga
Good for FG

F&G's assets under management rose 7%, and core retail sales grew 24%, supporting a favorable reading. Alternative investment income was below its long-term expected return, but adjusted profit matched management's expectations.

FG · F&G Annuities & Life

AI read · Good for FG

The AI's read

More assets and record retail sales suggest F&G is expanding its annuity and life business. Management said adjusted profit matched its expectations. Alternative investment income fell below its long-term expected return, but the growth and earnings results support a favorable reading.

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