Strong Title Segment Performance
The Title segment delivered adjusted pretax title earnings of $337 million, a 4% increase over the second quarter of 2024, with an industry-leading adjusted pretax title margin of 15.5%.
Increase in Refinance and Commercial Orders
Refinance orders opened increased by 28% over the second quarter of 2024. Commercial volumes were a bright spot with direct commercial revenue up 23% over the first half of 2024.
Growth in F&G's Assets Under Management
F&G's assets under management before flow reinsurance grew to $69.2 billion, a 13% increase over the prior-year quarter.
Share Repurchase Activity
2.9 million shares were repurchased for a total of $159 million, indicating strong capital return to shareholders.
Launch of F&G's Reinsurance Sidecar
F&G announced the launch of a new reinsurance vehicle in partnership with Blackstone managed funds with approximately $1 billion in capital commitments.