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Corebridge Financial CRBG Corporate & Other — Future Policy Benefits

Other segment segments

Institutional Markets
$21.07B
Life Insurance
$13.51B+2.6%
Individual Retirement
$1.22B+3.0%
Group Retirement
$311M+46.0%

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AFLAflac Japan — Future policy benefits & unpaid policy claims
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Other financials

Income statement

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Revenue$3.9B+43.6%
Net income$2.0M+100%
EPS (diluted)-$0.04+96.7%

Balance sheet

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Cash & equivalents$353.0M+21.7%
Total debt$1.3B+1,138%
Total equity$10.7B-13.4%
Total assets$415.79B+4.2%

Cash flow

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Operating cash flow-$44.0M

Valuation

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Market cap$14.97B-18.8%
Enterprise value$15.87B-13.0%
P/S0.8×-0.4×

Profitability

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Net margin5.4%

Returns & leverage

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Return on equity7.3%
Debt / equity0.1×+0.1×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept us-gaap:SupplementaryInsuranceInformationLiabilityForFuturePolicyBenefitsLossesClaimsAndLossExpenseReserves.

The source filing: Corebridge Financial’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001889539-26-000022
At December 31, 2025 and 2024 / Segment (in millions)Deferred Policy Acquisition Costs and Value of Business AcquiredFuture Policy BenefitsPolicy and Contract ClaimsSchedule III / Unearned Premiums
Group Retirement1,0533111
Life Insurance4,17113,5138315
Institutional Markets11825,83187
Corporate and Other16420,0971114
Total Corebridge$8,885$60,971$1,055$9
2024
Individual Retirement$3,021$1,183$29
Group Retirement1,0492131

Item 8. Financial Statements and Supplementary Data

FAQ

What is Corebridge Financial's corporate & other — future policy benefits?
Corebridge Financial (CRBG) reported corporate & other — future policy benefits of $20.1B in Q4 2025.
How has Corebridge Financial's corporate & other — future policy benefits changed year-over-year?
Corebridge Financial's corporate & other — future policy benefits decreased by 2.6% year-over-year, from $20.63B to $20.1B.
What does corporate & other — future policy benefits mean?
The total estimated liability for future benefit payments to policyholders, calculated based on actuarial assumptions. This represents the core long-term obligation of the insurance segment to meet its contractual promises.

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