F&G Annuities & Life, Inc. (FG) Presents at KBW Insurance Conference 2026 Transcript

SA Transcripts 162.16K Followers Follow F&G Annuities & Life, Inc. ( FG ) KBW Insurance Conference 2026 September 10, 2026 3:05 PM EDT Company Participants Conor Murphy - CEO & President Leena Punjabi - Executive VP & Chief Investment Officer Conference Call Participants Ryan Krueger - Keefe, Bruyette, & Woods, Inc., Research Division Presentation Ryan Krueger Keefe, Bruyette, & Woods, Inc., Research Division All right. We are going to get going with our next session. We have F&G up here on stage with me. I'll make introductions. Conor Murphy, directly next to me, CEO and President; Mike Bailey, CFO, who recently joined a few months ago -- 6 weeks ago; and then Leena Punjabi is the Chief Investment Officer. Question-and-Answer Session Ryan Krueger Keefe, Bruyette, & Woods, Inc., Research Division But I'm going to start with Conor. You recently took over as CEO of the company at the end of June after you had joined F&G as CFO about 18 months ago. So I wanted to just start by having you discuss what your strategic priorities for F&G are moving forward. Conor Murphy CEO & President All right. Well, thank you, and thanks for having us. Delighted to be here. I had the opportunity to be here with you last year with Chris Blunt, who recently shifted his role. I would say there's a fair amount of continuity to what we're doing. Growth and momentum are a couple of words that come to mind. We have been, I think, a little bit of an exceptional growth story for larger life and annuity companies. We've been able to grow the gross AUM every single quarter. The net AUM every quarter, but last quarter, and that was just because we had sold the Bermuda business. But otherwise, both of those continue to be metrics that we remain focused on. At the same time, we're an ROE expansion story and leveraging reinsurance is helping us do that.