F&G Annuities & Life Reaches $5 Billion in Cumulative Pension Risk Transfer Sales
Milestone Reflects Over 100,000 Participants Who Will Now Receive Retirement Payments from F&G
Since its inception nearly three years ago, the Company's PRT channel, one of F&G's institutional markets, now includes more than 100,000 total participants, including beneficiaries, who will receive their pension payments from F&G.
"In just under three years, F&G has become a meaningful player in the PRT space as demonstrated by this significant sales milestone," said Matt Christensen, Executive Vice President of PRT at F&G. "Our continued success is a reflection not only of F&G's overall growth and diversification, but the ability of our best-in-class PRT team to execute at the highest level in this competitive marketplace."
F&G's disciplined growth reflects the Company's ability to maintain profitability while managing risk and leveraging its overall financial and investment strengths. F&G's growth was also supported by two financial strength rating upgrades, from Moody's Ratings and
"F&G has developed an efficient and effective approach to how we successfully design, execute and close pension risk transfer transactions alongside our consultant and plan sponsor clients," said
To learn more, please visit: https://www.fglife.com/institutional/plan-sponsor
About F&G
F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in
Contact:
SVP of Investor & External Relations
Investor.relations@fglife.com
515.330.3307
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