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F&G Annuities & Life Inc ( (FG) ) has issued an announcement.
On February 20, 2025, F&G Annuities & Life Inc. released its financial results for the fourth quarter and the full year ending December 31, 2024, showcasing significant financial growth. The company reported net earnings of $323 million for Q4 2024 compared to a loss of $299 million in Q4 2023, with full-year net earnings reaching $622 million. The firm achieved record gross sales of $15.3 billion in 2024, marking a 16% increase from 2023. Assets under management also hit a record $65.3 billion by year-end, reflecting a 17% rise from the previous year. The results underscore F&G’s strategic success in capitalizing on favorable market conditions and expanding its distribution channels, positioning the company strongly for continued growth and enhanced shareholder value.
More about F&G Annuities & Life Inc
F&G Annuities & Life Inc., a prominent player in the insurance sector, specializes in providing insurance solutions to retail annuity and life customers as well as institutional clients. The company focuses on delivering tailored insurance products to meet the needs of these markets.
YTD Price Performance: 10.43%
Average Trading Volume: 63,602
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $5.86B
For a thorough assessment of FG stock, go to TipRanks’ Stock Analysis page.
