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F&G Insurance Subsidiary Financial Information and Regulatory Matters (Tables)
9 Months Ended
Sep. 30, 2025
Insurance [Abstract]  
Schedule of Statutory Accounting Practices
Our principal insurance subsidiaries' audited statutory financial statements are based on a December 31 year end. Statutory net income for the three and nine months ended September 30, 2025 and 2024, and statutory capital and surplus as of September 30, 2025 and December 31, 2024, of our wholly owned U.S. regulated insurance subsidiaries, were as follows:
Subsidiary (state of domicile) (a)
FGL Insurance
(IA)
FGL NY Insurance (NY)Raven Re
(VT)
Corbeau Re
(VT)
Statutory Net income (loss):(In millions)
For the three months ended September 30, 2025$(13)$$$(70)
For the three months ended September 30, 2024(6)13 
For the nine months ended September 30, 2025$(216)28 (168)
For the nine months ended September 30, 202471 41 (394)
Statutory Capital and Surplus:
September 30, 2025$1,229 $102 $172 $207 
December 31, 20241,654 97 168 178 
(a) FGL NY Insurance, Raven Re, and Corbeau Re are subsidiaries of FGL Insurance, and the columns should not be added together.
Net income and capital and surplus of our wholly owned Cayman Islands and Bermuda regulated insurance subsidiaries under SAP and GAAP, respectively, were as follows:
Subsidiary (country of domicile)
F&G Cayman Re (Cayman Islands)F&G Life Re (Bermuda)
(In millions)
Statutory Net income (loss):
For the three months ended September 30, 2025$(19)$46 
For the three months ended September 30, 2024(11)102 
For the nine months ended September 30, 2025$— $95 
For the nine months ended September 30, 2024(27)181 
Statutory Capital and Surplus:
September 30, 2025$1,096 $218 
December 31, 2024734123