F&G | Jotup

Unisys Transfers a Portion of its U.S. Defined Benefit Pension Obligations to F&G Through $250 Million of Group Annuity Contracts

Retrieved on:

Monday, November 27, 2023

UIS, BLUE, FG, NYSE, Insurance, Fidelity, F&G, Life insurance, Unisys

BLUE BELL, Pa., Nov. 27, 2023 /PRNewswire/ -- Unisys (NYSE: UIS) today announced it has closed agreements with F&G Annuities & Life, Inc. (NYSE: FG) ("F&G") to purchase group annuity contracts totaling approximately $250 million through which Unisys will transfer projected benefit obligations valued at a similar amount related to certain retirees under one of the company's U.S. pension plans to F&G.

Key Points:

There will be no changes to the gross amount, timing, or form of the monthly pension payments.
Unisys anticipates this action will result in a one-time, non-cash, pre-tax settlement charge of approximately $244 million.
Since the purchase will be made by the pension trust, there will be no impact on the company's cash position.
"Purchasing these annuity contracts demonstrates the company's continued commitment to de-risking its pension obligations.," said Unisys Chief Financial Officer Deb McCann.

F&G Annuities & Life Announces Third Quarter 2023 Earnings Release and Conference Call

Retrieved on:

Tuesday, October 24, 2023

F&G, FG, Insurance, NYSE, Webcast, International, Financial services

DES MOINES, Iowa, Oct. 24, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release third quarter 2023 earnings after the close of regular market trading on Tuesday, November 7, 2023.

Key Points:

DES MOINES, Iowa, Oct. 24, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release third quarter 2023 earnings after the close of regular market trading on Tuesday, November 7, 2023.
A webcast and conference call to discuss the results will follow at 9:00 a.m. Eastern Time on Wednesday, November 8, 2023.
Additional information about quarterly financial results, including the earnings release, will be available on the Investor Relations web site at www.fglife.com .
The telephone replay will be available from 1:00 p.m. Eastern Time on November 8, 2023, through November 22, 2023, by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (International).

Satisfaction with Life Insurance and Annuity Products Climbs as Customers Embrace Digital, J.D. Power Finds

Retrieved on:

Thursday, October 12, 2023

Professional Services, Apps, Applications, Technology, Insurance, Asset Management, Digital Cash Management, Digital Assets, MassMutual, Fidelity, J.D. Power, Intelligence, SM, Communication, F&G, State Farm, Orientation, Financial adviser, Nationwide

Individual Annuity Study,SM both released today, customer satisfaction is climbing as more customers make use of digital tools and start using life insurance and annuities for financial planning in addition to final planning (e.g., death benefits, burial insurance).

Key Points:

Individual Annuity Study,SM both released today, customer satisfaction is climbing as more customers make use of digital tools and start using life insurance and annuities for financial planning in addition to final planning (e.g., death benefits, burial insurance).
“But outside of that, customer satisfaction and engagement have generally declined the longer customers hold onto these products.
When life insurance customers who purchased through an agent or advisor interact only non-digitally, satisfaction is 795.
Individual Life Insurance Study measures the experiences of customers of the largest individual life insurance companies in the United States.

F&G Annuities & Life Ranked #1 for Highest Customer Satisfaction Among Annuity Providers in the U.S. by J.D. Power

Retrieved on:

Thursday, October 12, 2023

F&G, Communication, Strategic planning, NYSE, FG, SVP, Insurance, Customer satisfaction, Retail marketing

DES MOINES, Iowa, Oct. 12, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or "Company"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, is proud to announce the Company has been ranked the highest annuity provider for Customer Satisfaction in the J.D. Power 2023 U.S. Individual Annuity Study.

Key Points:

"F&G is proud to be ranked number one in customer satisfaction in this year's J.D.
Individual Annuity Study measures the experiences of customers of the largest annuity companies in the United States.
Overall customer satisfaction is based on performance in five factors (in alphabetical order): communication; interaction; price; product offerings; and statements.
The study is based on responses from 3,579 individual annuity customers and was fielded from May through July 2023.

Retirement Reconsidered: F&G Survey Reveals Half of Americans Are Pushing Back or Coming Out of Retirement

Retrieved on:

Wednesday, August 23, 2023

Happiness, Workforce, Overalls, Insurance, Generation, Retirement, Ageing, F&G, Love, Safety, Financial adviser, Life insurance, Construction

DES MOINES, Iowa, Aug. 23, 2023 /PRNewswire/ -- Half (50%) of pre-retirees and retired Americans1 are considering delaying or coming out of retirement, according to a new survey from F&G Annuities & Life, Inc. ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients. F&G's survey explored how the current market environment is impacting decisions leading up to and into retirement.

Key Points:

F&G's survey explored how the current market environment is impacting decisions leading up to and into retirement.
While financial worries are among the top reasons Americans are delaying retirement or returning to work (unretiring), a surprising number of Americans cite other, more personal reasons to do so.
This survey was conducted online by Directions Research, independently recognized as one of the nation's leading business decision insight firms.
Respondents were targeted to Americans Aged 50+, who are financial decision-makers and have $100K+ in financial products/savings.

Leading Insurtech Quility Announces Significant Investment from F&G

Retrieved on:

Thursday, August 10, 2023

Insurance, DTC, Workflow, Dataproducts, Synthetic media, Policy, Symmetry, Navigator, F&G, Machine learning, Data, Generative, Growth, Fintech, Automation, Mobile phone, Financial services

ASHEVILLE, N.C., Aug. 10, 2023 /PRNewswire/ -- Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility. F&G is a leading provider of insurance solutions serving retail annuity and life insurance customers and institutional clients. The investment is targeted at accelerating deployment of Quility's advanced technology, automation, and leads platforms – removing barriers to make life insurance more accessible for agents and clients alike.

Key Points:

ASHEVILLE, N.C., Aug. 10, 2023 /PRNewswire/ -- Quility, a leading insurtech company, today announced a significant investment from F&G Annuities & Life, Inc. ("F&G") for a minority stake in Quility.
F&G is a leading provider of insurance solutions serving retail annuity and life insurance customers and institutional clients.
The investment will also enable Quility to further expand its sales channels through its Symmetry Financial Group, Quility B2B (including wholesale and affinity), and direct to consumer (DTC) distribution networks.
"F&G's investment will expedite the innovative technology that has become synonymous with the Quility brand," said Brandon Ellison, co-founder and CEO of Quility.

F&G Annuities & Life Announces Second Quarter 2023 Earnings Release and Conference Call

Retrieved on:

Tuesday, July 25, 2023

Insurance, Webcast, FG, International, F&G, NYSE, Financial services

DES MOINES, Iowa, July 25, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release second quarter 2023 earnings after the close of regular market trading on Tuesday, August 8, 2023.

Key Points:

DES MOINES, Iowa, July 25, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, will release second quarter 2023 earnings after the close of regular market trading on Tuesday, August 8, 2023.
A webcast and conference call to discuss the results will follow at 9:00 a.m. Eastern Time on Wednesday, August 9, 2023.
Additional information about quarterly financial results, including the earnings release, will be available on the Investor Relations website at www.fglife.com .
The telephone replay will be available from 1:00 p.m. Eastern Time on August 9, 2023, through August 16, 2023, by dialing 1-844-512-2921 (USA) or 1-412-317-6671 (International).

F&G Annuities & Life Appoints Celina J. Wang Doka to Board of Directors

Retrieved on:

Thursday, June 1, 2023

Insurance, FG, Advisory board, Network, University, International Network of Women's Funds, Domestic violence, Construction, Property, Irvine, II, F&G, Paul Merage School of Business, KPMG, NYSE, Real estate, Management, Woman

DES MOINES, Iowa, June 1, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced the appointment of Celina J. Wang Doka as an independent member of F&G's Board of Directors, effective July 1, 2023.

Key Points:

DES MOINES, Iowa, June 1, 2023 /PRNewswire/ -- F&G Annuities & Life, Inc. (NYSE: FG) ("F&G" or the "Company"), a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, today announced the appointment of Celina J. Wang Doka as an independent member of F&G's Board of Directors, effective July 1, 2023.
Following this appointment, F&G's Board of Directors will be comprised of eight members, including four independent members.
William P. Foley, II, Chairman, commented, "We are pleased with the addition of Celina to the F&G Board.
Chris Blunt, President and Chief Executive Officer of F&G, added, "We are honored to welcome Celina to our Board as our fourth independent director, creating an equal balance between independent directors and internal management, to guide our company.

Machine Safety Market worth $6.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Thursday, April 27, 2023

The emergence of Industry 4.0 and the Internet of Things (IoT) has brought about new possibilities for the machine safety market.

Key Points:

The emergence of Industry 4.0 and the Internet of Things (IoT) has brought about new possibilities for the machine safety market.
By integrating safety systems with IoT technologies, real-time monitoring and analysis of safety data can be achieved, leading to improved maintenance efficiency and reduced downtime.
Asia Pacific is expected to grow at highest CAGR in machine safety market from 2023 to 2028.
Key players operating in the Machine Safety market include Emerson Electric Co. (US), Schneider Electric (France), Honeywell International Inc (US), Rockwell Automation, Inc. (US), and Siemens AG (Germany) are the top five players in the Machine Safety market.

Machine Safety Market worth $6.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Thursday, April 27, 2023

The emergence of Industry 4.0 and the Internet of Things (IoT) has brought about new possibilities for the machine safety market.

Key Points:

The emergence of Industry 4.0 and the Internet of Things (IoT) has brought about new possibilities for the machine safety market.
By integrating safety systems with IoT technologies, real-time monitoring and analysis of safety data can be achieved, leading to improved maintenance efficiency and reduced downtime.
Asia Pacific is expected to grow at highest CAGR in machine safety market from 2023 to 2028.
Key players operating in the Machine Safety market include Emerson Electric Co. (US), Schneider Electric (France), Honeywell International Inc (US), Rockwell Automation, Inc. (US), and Siemens AG (Germany) are the top five players in the Machine Safety market.