F&g annuities & life announces strategic partnership with new reinsurer backed by blackstone managed funds

Des moines, iowa , aug. 6, 2025 /prnewswire/ -- f&g annuities & life, inc. (nyse: fg) (f&g) today announced that f&g has launched a strategic partnership with a new reinsurance vehicle backed by blackstone managed funds, with approximately $1 billion in anticipated capital commitments. the reinsurer will provide long-term, on demand growth capital to f&g through a forward flow reinsurance agreement on a quota share basis of certain fixed indexed annuity products, effective august 1, 2025.
FG Ratings Summary
FG Quant Ranking