F&G Annuities & Life, Inc. responded to SEC staff comments on non-GAAP measures
Letter dated
2025-05-23; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note your reference to accretive flow reinsurance and flow reinsurance fee income throughout your filing. Please revise future filings to provide additional information regarding how flow reinsurance is accretive and explain how you generate fee income from the flow reinsurance transactions. Please provide us your proposed disclosure. In response to the Staff’s comment, the Company acknowledges the Staff’s…
Evidence
Direction
company to staff
Letter dated
2025-05-23
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 Form 8-K Filed February 20, 2025 File No. 001-41490 Mr. Volley and Mr. Pande: On be
Source
Company response to SEC staff (CORRESP)
Topics
Non-GAAP measures, MD&A, Goodwill and impairment, Fair value, Income taxes, Inventory
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
F&G Annuities & Life, Inc. responded to SEC staff comments on fair value
Letter dated
2025-07-07; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note you disclose that you eliminate the changes in the fair value of market risk benefits by deferring current period changes and amortizing that amount over the life of the market risk benefit. Please address the following: • Please quantify each component of this adjustment for 2024, 2023 and the quarter ended March 31, 2025. Deferral Amortization Adjustment to Net Income 2023 (70,491,992) 45,672,248…
Evidence
Direction
company to staff
Letter dated
2025-07-07
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 Form 8-K Filed February 20, 2025 File No. 001-41490 Messrs. Volley and Pande: On be
Source
Company response to SEC staff (CORRESP)
Topics
Non-GAAP measures, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
F&G Annuities & Life, Inc. responded to SEC staff comments on fair value
Letter dated
2025-08-08; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note your response to prior comment 1. Please explain to us in detail what the MRB Discrete Asset method is and why it is an appropriate methodology to amortize the deferred portion of the changes in fair value of market risk benefits into adjusted net earnings. The MRB Discrete Asset methodology is described in detail below, including illustrative calculations for two consecutive periods. The methodology for…
Evidence
Direction
company to staff
Letter dated
2025-08-08
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 File No. 001-41490 Messrs. Volley and Pande: On behalf of F&G Annuities & Life, Inc
Source
Company response to SEC staff (CORRESP)
Topics
Fair value, Non-GAAP measures
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
Letter dated
2025-04-25; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note your reference to accretive flow reinsurance and flow reinsurance fee income throughout your filing. Please revise future filings to provide additional information regarding how flow reinsurance is accretive and explain how you generate fee income from the flow reinsurance transactions. Please provide us your proposed disclosure. Non-GAAP Financial Measures, page 87 We note your prominent disclosure and…
Evidence
Direction
staff to company
Letter dated
2025-04-25
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 Form 8-K Filed February 20, 2025 File No. 001-41490 Dear Conor Murphy : We have lim
Source
SEC staff comment letter (UPLOAD)
Topics
Non-GAAP measures, MD&A
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned F&G Annuities & Life, Inc.'s accounting for fair value
Letter dated
2025-06-20; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note you disclose that you eliminate the changes in the fair value of market risk benefits by deferring current period changes and amortizing that amount over the life of the market risk benefit. Please address the following: • Please quantify each component of this adjustment for 2024, 2023 and the quarter ended March 31, 2025. • Please explain to us why you believe this adjustment is needed to provide a useful…
Evidence
Direction
staff to company
Letter dated
2025-06-20
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 Form 8-K Filed February 20, 2025 File No. 001-41490 Dear Conor Murphy : We have rev
Source
SEC staff comment letter (UPLOAD)
Topics
Non-GAAP measures, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.
SEC staff questioned F&G Annuities & Life, Inc.'s accounting for fair value
Letter dated
2025-07-11; published on EDGAR 2026-06-30 — the
SEC releases comment letters only after the review closes.
We note your response to prior comment 1. Please explain to us in detail what the MRB Discrete Asset method is and why it is an appropriate methodology to amortize the deferred portion of the changes in fair value of market risk benefits into adjusted net earnings. We note your response to prior comment 1. Please tell us how you considered whether recognizing the deferred portion of the changes in fair value of…
Evidence
Direction
staff to company
Letter dated
2025-07-11
Published on edgar
2026-06-30
Reviewing
F&G Annuities & Life, Inc. Form 10-K for Fiscal Year Ended December 31, 2024 Response dated July 7, 2025 File No. 001-41490 Dear Conor Murphy : We have reviewed
Source
SEC staff comment letter (UPLOAD)
Topics
Non-GAAP measures, Fair value
Why
SEC staff reviewed the company's periodic report and raised written comments on its accounting, or the company replied to them. Letters are published on EDGAR only after the review closes.