F&G Annuities & Life, Inc. (FG) Presents At Barclays 23rd Annual Global Financial Services Conference (Transcript)

Group 1 - The company is transitioning towards a more fee-based, capital-light business model, moving away from traditional annuity sales and asset retention [1] - Over the past six years, the company has more than doubled its Assets Under Management (AUM) and earnings primarily through annuity sales [1] - The launch of a sidecar with Blackstone and various reinsurance deals are part of the strategy to enhance return on equity by focusing on distribution rather than asset holding [1] Group 2 - The company has invested approximately $700 million in acquiring distribution channels, which are performing well [2] - These distribution properties are generating about $85 million in EBITDA [2]