HRG Group, the parent company of Des Moines-based Fidelity & Guaranty Life Insurance Co., said Monday it is “exploring strategic alternatives” for its majority ownership stake in the company, The Des Moines Register reported. HRG, formerly Harbinger Group, is a New York-based holding company. HRG said there is no guarantee a sale will occur. Earlier this year, Fidelity & Guaranty named Chris Littlefield, former head of Aviva USA, as its CEO. Any sale of the Iowa-domiciled company would be subject to approval by the Iowa insurance commissioner.