F&G Annuities & Life Proxy Statement Filed
Ticker: FGN · Form: DEF 14A · Filed: Jun 6, 2024 · CIK: 1934850
| Field | Detail |
|---|---|
| Company | F&G Annuities & Life, Inc. (FGN) |
| Form Type | DEF 14A |
| Filed Date | Jun 6, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $4.5 billion, $13.2 billion, $49.5 billion, $56.3 billion, $119 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, governance, executive-compensation
TL;DR
F&G Annuities & Life filed its proxy statement for the July 17th meeting - expect votes on directors & exec pay.
AI Summary
F&G Annuities & Life, Inc. filed its definitive proxy statement on June 6, 2024, for its annual meeting scheduled for July 17, 2024. The filing outlines the company's governance and executive compensation details for the fiscal year ending December 31, 2023. Shareholders will vote on matters including the election of directors and the approval of executive compensation plans.
Why It Matters
This filing provides shareholders with crucial information regarding company leadership and compensation, enabling informed voting decisions on corporate governance matters.
Risk Assessment
Risk Level: low — This is a routine annual filing (DEF 14A) detailing corporate governance and executive compensation, not indicating new or unusual risks.
Key Numbers
- 20240717 — Annual Meeting Date (Shareholders will vote on proposals at this date.)
- 20240606 — Filing Date (Date the proxy statement was submitted to the SEC.)
Key Players & Entities
- F&G Annuities & Life, Inc. (company) — Registrant
- 0001104659-24-069073 (filing_id) — Accession Number
- 20240606 (date) — Filing Date
- 20240717 (date) — Meeting Date
- 801 GRAND AVE, SUITE 2600 (address) — Business Address
- DES MOINES (city) — Business Address City
- 50309 (zip_code) — Business Address Zip
FAQ
What is the purpose of this DEF 14A filing?
The purpose of this filing is to provide shareholders with information regarding the company's annual meeting, including the election of directors, executive compensation, and other corporate governance matters.
When is the F&G Annuities & Life, Inc. annual meeting scheduled?
The annual meeting is scheduled for July 17, 2024.
Who is the filer of this proxy statement?
The filer is F&G Annuities & Life, Inc., as indicated by the Registrant.
What is the company's primary business as indicated by its SIC code?
The company's Standard Industrial Classification (SIC) code is 6311, which corresponds to Life Insurance.
Where is F&G Annuities & Life, Inc. headquartered?
The company's business address is 801 Grand Ave, Suite 2600, Des Moines, IA 50309.
Filing Stats: 4,780 words · 19 min read · ~16 pages · Grade level 11.9 · Accepted 2024-06-06 16:06:54
Key Financial Figures
- $4.5 billion — new markets. Gross sales increased from $4.5 billion for the full year 2020 to $13.2 billion
- $13.2 billion — $4.5 billion for the full year 2020 to $13.2 billion in 2023 and did so profitably. We now o
- $49.5 billion — cord assets under management (AUM) were $49.5 billion as of December 31, 2023, driven by new
- $56.3 billion — ention. AUM before flow reinsurance was $56.3 billion as of December 31, 2023. The investment
- $119 million — f capital to shareholders: F&G returned $119 million of capital to shareholders during 2023,
- $101 million — to shareholders during 2023, including $101 million of common dividends paid and $18 millio
- $18 million — 01 million of common dividends paid and $18 million of share repurchases. Strong solvency
- $250M — 23, well above our 400% target. FNF's $250M Investment in F&G: On January 16, 2024,
- $250 million — 6, 2024, F&G announced the closing of a $250 million mandatory convertible preferred stock i
- $47.3 billion — ilities. We have inforce liabilities of $47.3 billion at December 31, 2023, with a liability
Filing Documents
- tm2411452d1_def14a.htm (DEF 14A) — 859KB
- tm2411452d1_def14aimg001.jpg (GRAPHIC) — 172KB
- tm2411452d1_def14aimg002.jpg (GRAPHIC) — 5KB
- tm2411452d1_def14aimg003.jpg (GRAPHIC) — 2KB
- tm2411452d1_def14aimg004.jpg (GRAPHIC) — 1KB
- tm2411452d1_def14aimg005.jpg (GRAPHIC) — 25KB
- tm2411452d1_def14aimg006.jpg (GRAPHIC) — 87KB
- tm2411452d1_def14aimg007.jpg (GRAPHIC) — 23KB
- tm2411452d1_def14aimg008.jpg (GRAPHIC) — 2KB
- tm2411452d1_def14aimg009.jpg (GRAPHIC) — 11KB
- tm2411452d1_def14aimg010.jpg (GRAPHIC) — 204KB
- tm2411452d1_def14aimg011.jpg (GRAPHIC) — 4KB
- tm2411452d1_def14aimg012.jpg (GRAPHIC) — 111KB
- tm2411452d1_def14aimg013.jpg (GRAPHIC) — 118KB
- 0001104659-24-069073.txt ( ) — 3552KB
- fg-20231231.xsd (EX-101.SCH) — 10KB
- fg-20231231_def.xml (EX-101.DEF) — 7KB
- fg-20231231_lab.xml (EX-101.LAB) — 32KB
- fg-20231231_pre.xml (EX-101.PRE) — 6KB
- tm2411452d1_def14a_htm.xml (XML) — 126KB
Forward-Looking Statements
Forward-Looking Statements This proxy statement includes forward-looking by their nature, are inherently uncertain and outside of our control. Forward-looking statements include statements about our business and future performance, as well as ESG targets, goals, and commitments outlined in this proxy statement or elsewhere. These statements can be identified by words such as "anticipates," "intends," "plans," "seeks," "believes," "estimates," "expects" and similar references to future periods, or by the inclusion of forecasts or projections. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or other factors, except where we are expressly required to do so by law. For a discussion of some of the risks and important factors that could affect our future results and financial condition, see "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023. 6 | F&G Annuities & Life, Inc. 2024 PROXY STATEMENT Table of Contents General Information About the Company Founded in 1959, F&G is a leading provider of insurance solutions serving retail annuity and life customers as well as institutional clients. Our mission is to help people turn their aspirations into reality and, as of December 31, 2023, F&G has approximately 677,000 policyholders who count on the safety and protection our fixed annuity and life insurance products provide. Through our insurance subsidiaries, including Fidelity & Guaranty Life Insurance Company (FGL Insurance) and Fidelity & Guaranty Life Insurance Company of New York (FGL NY Insurance) , we market a broad portfolio of annuities, includin