XML 49 R37.htm IDEA: XBRL DOCUMENT
v3.25.3

Value of Business Acquired ("VOBA"), Deferred Acquisition Costs ("DAC"), and Deferred Sales Inducements ("DSI") (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2025
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Other Intangible Assets, Finite | The following table reconciles to Other intangible assets, net, on the unaudited Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024.
|  | September 30, 2025 |  | December 31, 2024
|  | (In millions)
Customer relationships and contracts |  | $ | 371 |  |  | $ | 435 |
Value of business acquired |  | 1,232 |  |  | 1,349 |
Deferred acquisition costs |  | 3,495 |  |  | 3,036 |
Deferred sales inducements |  | 821 |  |  | 625 |
Value of distribution asset |  | 65 |  |  | 74 |
Computer software |  | 284 |  |  | 277 |
Trademarks, tradenames, and other |  | 203 |  |  | 180 |
Total Other intangible assets, net |  | $ | 6,471 |  |  | $ | 5,976 |
Schedule of Other Intangible Assets, Indefinite | The following table reconciles to Other intangible assets, net, on the unaudited Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024.
|  | September 30, 2025 |  | December 31, 2024
|  | (In millions)
Customer relationships and contracts |  | $ | 371 |  |  | $ | 435 |
Value of business acquired |  | 1,232 |  |  | 1,349 |
Deferred acquisition costs |  | 3,495 |  |  | 3,036 |
Deferred sales inducements |  | 821 |  |  | 625 |
Value of distribution asset |  | 65 |  |  | 74 |
Computer software |  | 284 |  |  | 277 |
Trademarks, tradenames, and other |  | 203 |  |  | 180 |
Total Other intangible assets, net |  | $ | 6,471 |  |  | $ | 5,976 |
Schedule of Rollforward of Value of Business Acquired | The following tables roll forward VOBA by product for the nine months ended September 30, 2025 and 2024.
| Indexed Annuities |  | Fixed Rate Annuities |  | Immediate Annuities |  | Universal Life |  | Traditional Life |  |  |  |  |  |  | Total
| (In millions)
Balance at January 1, 2025 | $ | 892 |  |  | $ | 22 |  |  | $ | 184 |  |  | $ | 126 |  |  | $ | 125 |  |  |  |  |  |  |  | $ | 1,349 |
Amortization | (93) |  |  | (3) |  |  | (5) |  |  | (5) |  |  | (11) |  |  |  |  |  |  |  | (117) |
Balance at September 30, 2025 | $ | 799 |  |  | $ | 19 |  |  | $ | 179 |  |  | $ | 121 |  |  | $ | 114 |  |  |  |  |  |  |  | $ | 1,232 |
| Indexed Annuities |  | Fixed Rate Annuities |  | Immediate Annuities |  | Universal Life |  | Traditional Life |  |  |  |  |  |  | Total
| (In millions)
Balance at January 1, 2024 | $ | 1,025 |  |  | $ | 27 |  |  | $ | 191 |  |  | $ | 134 |  |  | $ | 69 |  |  |  |  |  |  |  | $ | 1,446 |
Amortization | (101) |  |  | (4) |  |  | (5) |  |  | (5) |  |  | (5) |  |  |  |  |  |  |  | (120) |
Actuarial model updates and refinements (a) | — |  |  | — |  |  | — |  |  | — |  |  | 63 |  |  |  |  |  |  |  | 63 |
Balance at September 30, 2024 | $ | 924 |  |  | $ | 23 |  |  | $ | 186 |  |  | $ | 129 |  |  | $ | 127 |  |  |  |  |  |  |  | $ | 1,389 |
(a) net of amortization of ($15 million).
Schedule of Rollforward of Deferred Policy Acquisition Costs | The following tables roll forward DAC by product for the nine months ended September 30, 2025 and 2024.
| Indexed Annuities |  | Fixed Rate Annuities |  | Universal Life |  | Total (a)
| (In millions)
Balance at January 1, 2025 | $ | 1,874 |  |  | $ | 376 |  |  | $ | 781 |  |  | $ | 3,031 |
Capitalization | 388 |  |  | 118 |  |  | 207 |  |  | 713 |
Amortization | (145) |  |  | (78) |  |  | (37) |  |  | (260) |
Balance at September 30, 2025 | $ | 2,117 |  |  | $ | 416 |  |  | $ | 951 |  |  | $ | 3,484 |
| Indexed Annuities |  | Fixed Rate Annuities |  | Universal Life |  | Total (a)
| (In millions)
Balance at January 1, 2024 | $ | 1,378 |  |  | $ | 288 |  |  | $ | 545 |  |  | $ | 2,211 |
Capitalization | 496 |  |  | 147 |  |  | 199 |  |  | 842 |
Amortization | (112) |  |  | (61) |  |  | (27) |  |  | (200) |
Balance at September 30, 2024 | $ | 1,762 |  |  | $ | 374 |  |  | $ | 717 |  |  | $ | 2,853 |
(a) Excludes insignificant amounts of DAC related to funding agreement backed notes ("FABN") and PRT.
Schedule of Reconciliation of DAC to Condensed Consolidated Balance Sheets | The following table presents a reconciliation of DAC to the table above, which is reconciled to the unaudited Condensed Consolidated Balance Sheets as of September 30, 2025 and December 31, 2024:
| September 30, 2025 |  | December 31, 2024
| (In millions)
Indexed Annuities | $ | 2,117 |  |  | $ | 1,874 |
Fixed Rate Annuities | 416 |  |  | 376 |
Universal Life | 951 |  |  | 781 |
FABN | 6 |  |  | 4 |
PRT | 5 |  |  | 1 |
Total | $ | 3,495 |  |  | $ | 3,036 |
Schedule of Rollforward of Deferred Sale Inducement Cost | The following table rolls forward DSI for our indexed annuity products for the nine months ended September 30, 2025 and 2024:
| Nine Months Ended September 30,
| 2025 |  | 2024
| (In millions)
Balance at January 1, | $ | 625 |  |  | $ | 346 |
Capitalization | 243 |  |  | 219 |
Amortization | (47) |  |  | (27) |
Balance at September 30, | $ | 821 |  |  | $ | 538 |

X
- Definition Schedule Of Reconciliation Of Deferred Policy Acquisition Cost To Statement Of Financial Position + References No definition available. + Details
Name: | fnf_ScheduleOfReconciliationOfDeferredPolicyAcquisitionCostToStatementOfFinancialPositionTableTextBlock
Namespace Prefix: | fnf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule Of Value Of Business Acquired + References No definition available. + Details
Name: | fnf_ScheduleOfValueOfBusinessAcquiredTableTextBlock
Namespace Prefix: | fnf_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the movement in deferred policy acquisition costs. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 40 -Name Accounting Standards Codification -Section 65 -Paragraph 2 -Subparagraph (g)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480016/944-40-65-2 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B Reference 4: http://www.xbrl.org/2003/role/exampleRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 55 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479401/944-30-55-2 + Details
Name: | us-gaap_DeferredPolicyAcquisitionCostsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of deferred sale inducement cost. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 944 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2B -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479432/944-30-50-2B + Details
Name: | us-gaap_DeferredSalesInducementsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance and exist in perpetuity, by either major class or business segment. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Name Accounting Standards Codification -Section 55 -Paragraph 40 -SubTopic 30 -Topic 350 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482640/350-30-55-40 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 350 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482665/350-30-50-2 + Details
Name: | us-gaap_ScheduleOfIndefiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration