As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q4. Today, we are looking at life insurance stocks, starting with F&G Annuities & Life (NYSE: FG).

Life insurance companies collect premiums from policyholders in exchange for providing a future death benefit or retirement income stream. Interest rates matter for the sector (and make it cyclical), with higher rates allowing insurers to reinvest their fixed-income portfolios at more attractive yields and vice versa. Additionally, favorable demographic shifts, such as an aging population, are driving strong demand for retirement products while AI and data analytics offer significant opportunities to improve underwriting accuracy and operational efficiency. Conversely, the industry faces headwinds from persistent competition from agile insurtechs that threaten traditional distribution models.

The 12 life insurance stocks we track reported a slower Q4. As a group, revenues were in line with analysts’ consensus estimates.

Amidst this news, share prices of the companies have had a rough stretch. On average, they are down 8.2% since the latest earnings results.

F&G Annuities & Life (NYSE: FG)

Founded in 1959 and serving approximately 677,000 policyholders who rely on its financial protection products, F&G Annuities & Life (NYSE: FG) provides fixed annuities, life insurance, and pension risk transfer solutions to retail and institutional clients.

F&G Annuities & Life reported revenues of $1.77 billion, up 13.2% year on year. This print exceeded analysts’ expectations by 14.1%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ EPS estimates and a significant miss of analysts’ book value per share estimates.

Chris Blunt, F&G's Chief Executive Officer, commented, "We delivered a strong finish to an outstanding year, highlighted by record assets under management before flow reinsurance of $73 billion fueled by $14.6 billion of gross sales in full year 2025, including $9 billion of gross sales in our core products – indexed annuities, indexed universal life and pension risk transfer. Our high quality, diversified investment portfolio continues to perform extremely well with credit-related impairments remaining stable and below our expectations."

F&G Annuities & Life pulled off the biggest analyst estimates beat of the whole group. Still, the market seems discontent with the results. The stock is down 10.6% since reporting and currently trades at $23.89.

Read our full report on F&G Annuities & Life here, it’s free.

Best Q4: Jackson Financial (NYSE: JXN)

Spun off from British insurer Prudential plc in 2021 after more than 60 years as its U.S. subsidiary, Jackson Financial (NYSE: JXN) offers annuity products and retirement solutions that help Americans grow and protect their retirement savings and income.

Jackson Financial reported revenues of $2.01 billion, up 719% year on year, outperforming analysts’ expectations by 4.4%. The business had an exceptional quarter with an impressive beat of analysts’ revenue estimates and a beat of analysts’ EPS estimates.

Jackson Financial achieved the fastest revenue growth among its peers. Although it had a fine quarter compared its peers, the market seems unhappy with the results as the stock is down 10.6% since reporting. It currently trades at $104.54.

Is now the time to buy Jackson Financial? Access our full analysis of the earnings results here, it’s free.

Weakest Q4: Unum Group (NYSE: UNM)

Tracing its roots back to 1848 when financial security for workers was virtually non-existent, Unum Group (NYSE: UNM) provides workplace financial protection benefits including disability, life, accident, critical illness, dental and vision insurance primarily through employers.

Unum Group reported revenues of $3.25 billion, flat year on year, falling short of analysts’ expectations by 1.1%. It was a disappointing quarter as it posted a significant miss of analysts’ book value per share estimates and a significant miss of analysts’ EPS estimates.

As expected, the stock is down 3.2% since the results and currently trades at $73.25.

Read our full analysis of Unum Group’s results here.

Equitable Holdings (NYSE: EQH)

Tracing its roots back to 1859 as one of America's oldest financial institutions, Equitable Holdings (NYSE: EQH) provides retirement planning, asset management, and life insurance products through its two main franchises, Equitable and AllianceBernstein.

Equitable Holdings reported revenues of $3.74 billion, down 5.2% year on year. This result lagged analysts' expectations by 4.4%. It was a softer quarter as it also logged a significant miss of analysts’ revenue estimates and a miss of analysts’ EPS estimates.

Equitable Holdings had the slowest revenue growth among its peers. The stock is down 15.4% since reporting and currently trades at $37.91.

Read our full, actionable report on Equitable Holdings here, it’s free.

MetLife (NYSE: MET)

Founded in 1863 by a group of New York businessmen during the Civil War era, MetLife (NYSE: MET) is a global financial services company that provides insurance, annuities, employee benefits, and asset management services to individuals and businesses worldwide.

MetLife reported revenues of $24.19 billion, up 22.6% year on year. This number came in 9.3% below analysts' expectations. Overall, it was a softer quarter as it also recorded a significant miss of analysts’ revenue estimates and a significant miss of analysts’ net premiums earned estimates.

MetLife had the weakest performance against analyst estimates among its peers. The stock is down 11.5% since reporting and currently trades at $69.03.

Read our full, actionable report on MetLife here, it’s free.

Market Update

Late in 2025 into early 2026, there was hand wringing around artificial intelligence. For software companies, the fear was that AI would erode pricing power and compress margins as new tools made it easier to replicate what once required expensive enterprise platforms. Crypto investors had their own version of the same anxiety: if AI agents could trade, allocate capital, and manage wallets autonomously, what exactly was the long-term value of today’s crypto infrastructure?

These concerns triggered a noticeable rotation away from these sectors and into safer havens. But markets rarely dwell on one narrative for long. Spring 2026 came, and the focus shifted abruptly from technological disruption to geopolitical risk. The US’ conflict with Iran became the dominant driver of market psychology, and when geopolitics takes center stage, the script changes quickly. Investors stop debating growth rates and start worrying about oil supply, inflation, and global stability.

Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate.