玩偶姐姐

Des Moines, Iowa 鈥� September 1, 2022 鈥� 玩偶姐姐 Annuities & Life, Inc. (玩偶姐姐 or the Company), an operating segment of Fidelity National Financial, Inc. (NYSE:FNF) and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients, recently closed two pension risk transfer (PRT) transactions propelling cumulative sales from 玩偶姐姐鈥檚 Institutional Markets to nearly $5 billion since the channel launched in June 2021. Institutional Markets transactions include PRT and funding agreements

During August, 玩偶姐姐 closed PRT transactions representing $620 million in pension obligations and 13,000 certificate holders, including a first repeat client transaction. Since launching last year, the Company has now closed 10 total PRT deals resulting in $2.3 billion in sales and 44,000 total participants who will receive their pension payments from 玩偶姐姐.

鈥淚n just over a year, 玩偶姐姐鈥檚 institutional business continues to experience strong growth as evidenced by this significant sales milestone,鈥� said Scott Cochran, President of Institutional and New Markets at 玩偶姐姐. 鈥淥ur PRT deals this year have already exceeded total PRT sales from 2021, thanks in part to our deeply experienced team and overall ability to leverage our financial and investment strengths. We are excited for continued momentum in the institutional business as part of our diversified growth strategy which complements our growing retail channels.鈥�

玩偶姐姐鈥檚 nearly $5 billion in institutional sales has also been driven by continued opportunistic growth in the funding agreement backed note (FABN) market, resulting in $700 million in sales during the first half of 2022, despite elevated capital market volatility this year.

About 玩偶姐姐

玩偶姐姐 is part of the FNF family of companies. 玩偶姐姐 is committed to helping Americans turn their aspirations into reality. 玩偶姐姐 is a leading provider of annuity and life insurance products and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.