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.
