Fidelity National Financial, Inc (NYSE:FNF) Q1 2022 Earnings Conference Call May 11, 2022 11:00 AM ET

Company Participants

Lisa Foxworthy-Parker - Senior Vice President Investor & External Relations

Mike Nolan - Chief Executive Officer

Chris Blunt - Chief Executive Officer, F&G

Tony Park - Chief Financial Officer

Conference Call Participants

Mark Hughes - Truist

Andrew Kligerman - Credit Suisse

John Campbell - Stephens

Bose George - KBW

Ryan Gilbert - BTIG

Operator

Good morning and welcome to FNF's First Quarter 2022 Earnings Call. During today's presentation, all parties will be in a listen-only mode. Following the presentation, the conference will be open for questions with instructions to follow at that time. As a reminder, this conference call is being recorded.

I would now like to turn the call over to Lisa Foxworthy-Parker, Senior Vice President Investor and External Relations. Please, go ahead.

Lisa Foxworthy-Parker

Great. Thanks, operator, and welcome again, everyone. Before we begin and as a reminder, today's earnings call may include forward-looking statements and projections under the Private Securities Litigation Reform Act, which do not guarantee future events or performance. We do not undertake any duty to revise or update such statements to reflect new information, subsequent events or changes in strategy.

Please refer to our most recent quarterly and annual reports and other SEC filings for a discussion of the factors that could cause actual results to differ materially from those expressed or implied. We will be discussing certain non-GAAP measures on this call which we believe are relevant in assessing the financial performance of the business and you'll find reconciliations of these metrics within our earnings materials available on the company's website.

Yesterday, we issued a press release which is also available on our website. And today's conference call will be available for webcast replay at fnf.com. It will also be available through telephone replay beginning at 2:00 PM Eastern today through May 18, 2022.

Joining me this morning, to discuss the business momentum we are seeing at FNF and F&G and our results in further detail, are Mike Nolan, CEO; Tony Park, CFO; and Chris Blunt, F&G's CEO. We look forward to addressing your questions following conclusion of our prepared remarks.

And with that, I'll now turn the call over to Mike.

Mike Nolan

Thank you, Lisa, and good morning. Overall, we had a great start to the year, with total revenue of $3.2 billion, the best first quarter in FNF history. Our title business is performing well, as we had our second best first quarter in terms of adjusted pre-tax earnings and adjusted pre-tax margin.