The F&G Annuities & Life Form 8-K states that the company is furnishing this Current Report on Form 8-K to disclose certain preliminary financial information related to investment income from alternative investments. The filing also says the preliminary financial information is estimated and unaudited.
The Estimated Range and Its Midpoint
In its filing with the SEC, F&G stated that the Company estimates that its investment income from alternative investments for the three months ended September 30, 2026 will be approximately $47 million to $57 million (pre-tax).
The midpoint of this range represents an annualized return of approximately 5%.
The Gap to the Long-Term Expected Return
The company’s filing also states that investment income from alternative investments is estimated to be pre-tax and post-tax respectively at $70 million and $55 million below management’s current long-term expected return of approximately 12%.
What the Line Includes
The filing’s description of the line says that investment income from alternative investments includes mark-to-market movement that is reflected in adjusted net earnings, from certain limited partnerships and other equity interests, including limited liability corporations classified as investments in unconsolidated affiliates and certain company owned life insurance.
The filing also says that these items are generally reported on a one-quarter lag. InsuraBeat has separate coverage of EIOPA data on insurers’ private-asset holdings.
Release and Call Dates
The filing refers to the quarterly earnings release and quarterly financial supplement for the quarter ended September 30, 2026, scheduled for release on November 5, 2026.
F&G wrote in the filing: “We expect to provide further updates on the upcoming third quarter earnings call on November 6, 2026.”
The Company’s Caveats
F&G cautioned: “we have not completed our financial closing procedures for the three months ended September 30, 2026, and our actual results could be materially different from this preliminary financial information.”
The filing says the information should not be viewed as a substitute for full financial statements prepared in accordance with U.S. GAAP, and that this preliminary financial information is not necessarily indicative of the results to be achieved in any future period. InsuraBeat has separate coverage of EIOPA’s financial stability report.
