F&G Annuities & Life, Inc.: Retail Distribution & New Product Lines As A Primary Growth Accelerator!

Fidelity & Guaranty Life (F&G) delivered strong financial performance in the third quarter, bolstered by increased sales and solid asset growth. The company reported gross sales of $3.9 billion, marking a 39% increase compared to the same period last year, and year-to-date sales of $11.8 billion, up 30% from the previous year. Retail sales through bank and broker-dealer channels nearly doubled to a record $3.5 billion, driven by favorable market conditions and high demand for retirement savings products that offer relatively higher rates and guaranteed growth.