F&G Annuities & Life Achieves Top Ranking in Pension Risk Transfer Market for Fourth Year
F&G Annuities & Life: A Leader in Pension Risk Transfer
F&G Annuities & Life, Inc. (traded under NYSE: FG) has garnered significant recognition in the pension risk transfer (PRT) market by achieving cumulative sales surpassing $7 billion. This impressive feat marks the company’s fourth consecutive year maintaining a place among the top 10 market leaders in PRT, a testament to its commitment and strategic growth.
Founded with a mission to provide diversified insurance solutions tailored for both retail and institutional clients, F&G has been a pioneer since entering the PRT market in 2021. Jay Dinunzio, Senior Vice President of PRT Sales and Operations at F&G, highlighted the company's robust sales performance throughout 2024, where they reported a record $2.2 billion in PRT sales, reflecting a remarkable 15% increase from the previous year. With the first quarter of 2025 already contributing an additional $300 million in sales, F&G stands poised to further its growth trajectory this year.
Key Contributions to Growth
What sets F&G apart in this competitive landscape? Its efficient operational model, comprehensive market approach, and the company's strong financial foundation have been pivotal. Since commencing its PRT activities, F&G has executed over 30 transactions, impacting the financial security of more than 125,000 participants and their beneficiaries. This breadth of influence showcases F&G’s capability in addressing the diverse needs of pension fiduciaries.
FG leverages a combination of competitive pricing, a diversified balance sheet, a high-quality investment portfolio, and tech-enabled servicing to offer exceptional value. The PRT market itself represents a massive $3 trillion scope, and F&G's presence is significant as it continually ranks among the top 10 PRT writers, maintaining a strong average deal size below $1 billion.