75/ 100
Capital adequacy — cross-regime normalized
Strong
Reported under US RBC — normalized to a common 0–100 band so US, Canadian and European insurers compare like-for-like. Open methodology; see sourcing below.
Capital & Solvency
| Capital adequacy (normalized) | Strong (75/100) |
| RBC ratio | 430% |
| Statutory surplus | $3.5B |
| Total adjusted capital | $4.8B |
| Prism ratio (avail/target) | 2.91x |
| Regulatory action level | none |
Curated from public statutory filings (point-in-time). Live refresh pending.
Financial Strength Ratings
| AM BEST | A- | Stable |
| SP | BBB+ | Stable |
| MOODYS | Baa2 | Stable |
| Composite | AA | 68/100 |
Curated public rating actions, late-2024/2025.
Reinsurance & capital structurehow reserve risk is financed
F&G Annuities & Life discloses 4 affiliated reinsurance captives (Vermont, Cayman Islands, Bermuda); it also cedes externally to Aspida Life Re Ltd., Somerset Reinsurance Ltd., Everlake Life Insurance Company. Its capital adequacy is Strong (75/100, RBC 430%). Affiliated captives are a common reserve-financing tool (e.g. XXX/AXXX term- and universal-life reserves); read capital strength alongside how much reserve risk is financed through these vehicles.
Affiliated reinsurance captives
4
Vermont · 2Cayman Islands · 1Bermuda · 1
Cedes externally to
Aspida Life Re Ltd.Somerset Reinsurance Ltd.Everlake Life Insurance CompanyWilton Reassurance CompanyKubera Insurance Ltd.New Reinsurance Company Ltd.
Affiliated captives from the Exhibit 21 entity list; external cedants from the firm's counterparty map; capital from public statutory/regulatory filings. Indicative.