Reinsurance News

F&G Annuities & Life

F&G partners with reinsurance sidecar backed by $1bn Blackstone capital

7th August 2025

F&G Annuities & Life, Inc. has entered into a strategic partnership with a new reinsurance vehicle backed by Blackstone managed funds, with approximately $1 billion in anticipated capital commitments. Under the agreement, the reinsurer will provide long-term, on-demand growth capital to F&G through a forward flow reinsurance arrangement on a quota ... Read the full article

F&G Annuities & Life names John Currier as President

14th May 2024

F&G Annuities & Life, Inc. (F&G), has appointed John Currier as President, where he will maintain his reporting line to CEO Chris Blunt while overseeing the Retail Markets business unit alongside his new role. Before becoming President of F&G, Currier held the role of President of Retail Markets starting in February ... Read the full article

F&G Annuities & Life reaches $5bn in cumulative PRT transactions

10th May 2024

F&G Annuities & Life, Inc., the provider of insurance solutions serving retail annuity and life customers and institutional clients, has reached over $5 billion in cumulative sales of pension risk transfer (PRT) transactions, since the channel was launched in June 2021. Since its inception, the firm's PRT channel, one of F&G's ... Read the full article

F&G secures $250m investment from parent

16th January 2024

F&G Annuities and Life, Inc., has announced the closing of a $250 million preferred stock investment from parent Fidelity National Financial, Inc. (FNF), with F&G set to use net proceeds from the investment to support the growth of its insurance company subsidiaries. The terms of the agreement state that FNF has agreed ... Read the full article

Unisys to buy annuity contracts worth $250m from F&G Annuities & Life

29th November 2023

Global technology solutions company, Unisys has closed agreements with insurer F&G Annuities & Life, Inc. to purchase group annuity contracts totalling approximately $250 million. Through these contracts, Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. pension plans to ... Read the full article

Insurtech Quility gets ‘significant’ investment from F&G

11th August 2023

Insurtech company, Quility, has received a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility. F&G is a provider of insurance solutions, the company serves retail annuity and life insurance customers and institutional clients. Brandon Ellison, Co-founder and CEO of Quility, commented, "F&G's investment will expedite ... Read the full article