Talk:F&G

Latest comment: 5 months ago by LohShiSan2004 in topic Recent History

Untitled edit

In full disclosure, I am employed by Fidelity & Guaranty Life. Edits and content do not necessarily reflect facts or opinions of the company and only mine. Pauldtyler (talk) 20:35, 24 September 2013 (UTC)Reply

Would like to add the following links at the bottom of the article. Is formatting correct? Do links meet Wikipedia standards? Thanks, Paul

Wood, Maria (9 September 2013). "Fidelity & Guaranty Life's IPO a credit positive".

Renaissance Capital (29 August 2013). "Life insurance company Fidelity & Guaranty Life files for a $100 million IPO".

Aggarwal, Varun (29 August 2013). "Harbinger's insurance unit files for $100 million IPO".

Rulison, Larry (26 April 2001). "St. Paul Cos. to sell F&G Life".

"Company Overview of Fidelity & Guaranty Life Insurance Company".

Pauldtyler (talk) 13:52, 28 September 2013 (UTC)Reply

Also, I uploaded official logo:

Pauldtyler (talk) 14:04, 28 September 2013 (UTC)Reply

Request for Updated Infobox edit

My name is Karen and I work for F&G. In compliance with WP:COI, I'd like to propose:

  • Replacing the current infobox with the below draft, which adds the CEO, the company being public, and latest financials.
  • Removing the second half of the Business section (uncited financials from 2017) as the new infobox would replace this with updated, cited financials
  • Adding the company being public to the first sentence of the page

Pursuant to WP:COI, I'm hoping an impartial editor will determine whether my proposed edits conform to Wikipedia's rules, then implement the changes if they are suitable. Thank you in advance for your time. Best regards. Kep728 (talk) 15:29, 6 April 2023 (UTC)Reply

Proposed Infobox
F&G Annuities & Life, Inc.
FormerlyFGL Holdings
Company typeSubsidiary, Public
IndustryFinancial services
Founded1959; 65 years ago (1959)
Headquarters,
U.S.
Area served
United States
Key people
Chris Blunt, Chief Executive Officer
Products
  • Annuities
  • Life Insurance
  • Pension Risk Transfer
Revenue$2.34 billion (2022)
$.6 billion (2022)
$.48 billion (2022)
AUM$43.57 billion (2022)
Total assets$55.08 billion (2022)
Total equity$1.82 billion (2022)
Number of employees
800+ (2022)
ParentFidelity National Financial
Websitefglife.com
Footnotes / references
[1]

References

  1. ^ F&G Annual Report 2022, F&G Annuities & Life, 2023

Kep728 (talk) 15:29, 6 April 2023 (UTC)Reply

Hi Karen, It seems that I couldn't not press the '[show]' button. But I have updated the financial information & key people in the infobox. I hope you can have a look and feel free to make any amendments if required. Thank you. Loh Shi San 罗熙善 (talk) 09:22, 4 June 2023 (UTC)Reply

Corrections/Changes in Lead edit

I would also like to propose the following rework/replacement of the first paragraph of the page if you can take a look?

F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.

This proposed draft would make the following changes to what's up now:

  • Removes "previously known as Fidelity and Guaranty Life Insurance Company". This is F&G's current primary subsidiary it sells financial products through. "previously" (past tense) is incorrect, as is "also known as" since it is a separate legal entity, not another name for the same thing. I suggest we add "Fidelity and Guaranty Life Insurance Company" to the infobox as a subsidiary instead.
  • Adds a mention that F&G is a public company as seems to be the norm. Also avoids redundancy from stating it is "American" then also stating its headquarters (in America).
  • Over the last couple years, pension buyout services became a big part of F&G's business/operations. I suggest mentioning it in the list of products/services in the introductory paragraph and adding it to the infobox.

Thanks in advance for taking the time to take a look. Kep728 (talk) 18:13, 21 June 2023 (UTC)Reply

  Done Whoisjohngalt (talk) 19:21, 27 October 2023 (UTC)Reply

Recent History edit

My name is Karen and I work for F&G. The current History section doesn't cover very much of F&G's recent history. I'd like to suggest the following be incorporated to the end of the History section to correct that:

F&G appointed Chris Blunt as CEO in December 2018.[1] The company moved its headquarters into a larger space at 801 Grand, Des Moines, Iowa in 2019.[2] It started selling annuities through financial institutions like banks and broker-dealers in 2020, which grew to over $1 billion in sales by 2021.[3] In 2021, F&G entered the pension buyout market.[4] The company returned to public trading in December 2022 following a 15% stock dividend to the shareholders of its parent company Fidelity National Financial.[5]

I suggest these sentences be incorporated into the chronology near the end of the History section, so the 2018 CEO appointment would be a couple paragraphs above the bottom of the section, whereas the 2022 item would replace/correct the last sentence of the current page. The current page says there was a 15% stock issuance, which is incorrect. Pinging @Whoisjohngalt: and @LohShiSan2004:, who have helped with prior requests. This is the last edit request I had. Thanks again for all of your help.

References

  1. ^ "Fidelity & Guaranty Life announces leadership shakeup". Business Record. December 19, 2018. Retrieved October 6, 2023.
  2. ^ Norvell, Kim (December 23, 2019). "Des Moines based Fidelity & Guaranty Life plans downtown expansion". The Des Moines Register. Retrieved October 6, 2023.
  3. ^ Hersch, Warren (May 14, 2021). "How F&G Took a Sales Channel from Zero to $1B in 10 Months". Life Annuity Specialist.
  4. ^ Hersch, Warren (October 15, 2021). "New Entrants Vie for Sales as Pension Buyout MarketSurges". Life Annuity Specialist.
  5. ^ Bell, Allison (November 11, 2022). "Annuity Issuer F&G Set to Go Public Dec. 1". ThinkAdvisor. Retrieved October 6, 2023.

Kep728 (talk) 20:23, 16 November 2023 (UTC)Reply

Hi Karen, I have corrected the history section and add some of information as you requested, together with the reference. But, for this sentence as you wrote "The company returned to public trading in December 2022 following a 15% stock dividend to the shareholders of its parent company Fidelity National Financial." Did the Fidelity National Financial issued a 15% stock dividend? What I read was Fidelity National distributed 15% of F&G’s stock to investors who own Fidelity National stock. I don't think it was a dividend. It means that since Fidelity National own 100% of F&G, in order to take F&G to public, it need to issue shares to current Fidelity National's investors since they directly own F&G via investing (hold stakes) in Fidelity National. Correct me if I'm mistaken. Thanks. @Kep728: Loh Shi San 罗熙善 (talk) 23:20, 16 November 2023 (UTC)Reply