FNF is the largest title-insurance company in the US — it insures that the seller of a home or building actually owns it, and runs the escrow that closes the deal. Roughly one in four US property transactions runs through its Fidelity National Title, Chicago Title and Commonwealth brands. On top of that title engine it owns ~85% of F&G, a fast-growing fixed-annuity and life insurer that turns retirees' savings into invested 'float' managed largely by Blackstone.
What Fidelity National Financial, Inc. really sells
FNF is the largest title-insurance company in the US — it insures that the seller of a home or building actually owns it, and runs the escrow that closes the deal. Roughly one in four US property transactions runs through its Fidelity National Title, Chicago Title and Commonwealth brands. On top of that title engine it owns ~85% of F&G, a fast-growing fixed-annuity and life insurer that turns retirees' savings into invested 'float' managed largely by Blackstone.