F and G (Fidelity)

F&G, the consumer brand for Fidelity & Guaranty Life Insurance Company (NAIC 63274), has grown through a series of ownership and strategy shifts that mirror the broader annuity market. Company timelines describe an origin in 1959 and a progression from traditional life insurance into products designed for retirement risk. [1][2] As indexed products gained popularity, F&G became known for fixed indexed annuities and fixed indexed universal life, aiming to offer principal protection with crediting tied to market indexes. [3]

Its corporate path shows repeated repositioning: the company history notes prior ownership by Old Mutual, a later partnership with Blackstone as investment manager, and a 2019 rebrand to the simplified F&G name. [1] In 2020, the organization became part of Fidelity National Financial's insurance platform, and it has continued expanding within the retirement-services ecosystem. [1] These moves helped the carrier navigate long stretches of low interest rates after the 2008 crisis by emphasizing products and investment management that could compete for retirement savings even when traditional spreads were pressured.

Public regulator listings confirm the legal entity and licensure status, while the most detailed disclosures about reserves, asset strategy, and reinsurance (if used) typically live in statutory filings and rating-agency analysis rather than marketing summaries. [2][3]

Sources: [1] https://www.fglife.com/about; [2] https://insurance.illinois.gov/applications/RegEntPortal/ViewEntityDetails.aspx?en=300500&s=Active&t=INS; [3] https://www.annuityadvantage.com/insurance-companies/fidelity-guaranty-life-insurance-company/.