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Corebridge Financial CRBG Group Retirement — Separate Account, Liability, Benefit Payment

Other segment segments

Institutional Markets
$6M
Life Insurance
$3M+50.0%

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PRURetirement — Separate Account, Liability, Benefit Payment
$119M-5.6%
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PRUGroup Insurance — Separate Account, Liability, Benefit Payment
$130M+52.9%
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PRUPGIM — Separate Account, Liability, Benefit Payment
$969M+5.7%
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PRUTotal — Separate Account, Liability, Benefit Payment
$1.35B+6.7%
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EQHEG — Separate Account, Liability, Benefit Payment
2,400,000,000%+700,000,000pp
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EQHEI — Separate Account, Liability, Benefit Payment
1,500,000,000%-300,000,000pp

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:SeparateAccountLiabilityBenefitPayment.

The source filing: Corebridge Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 1:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001889539-26-000141
(in millions) / Six Months Ended June 30, 2026Group RetirementLife InsuranceInstitutional MarketsCorporate and OtherTotal
Premiums and deposits674156048112,104
Policy charges(238)(21)(72)(589)(920)
Surrenders and withdrawals(2,364)(18)(106)(2,896)(5,384)
Benefit payments(302)(5)(78)(518)(903)
Investment performance4,6671182233,5078,515
Net transfers from (to) general account and other(257)(4)827(226)
Separate accounts balance, end of period$42,881$1,234$5,536$49,120$98,771
Cash surrender value*$42,795$1,206$5,527$48,398$97,926

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's group retirement — separate account, liability, benefit payment?
Corebridge Financial (CRBG) reported group retirement — separate account, liability, benefit payment of $148M in Q2 2026.
How has Corebridge Financial's group retirement — separate account, liability, benefit payment changed year-over-year?
Corebridge Financial's group retirement — separate account, liability, benefit payment decreased by 0.7% year-over-year, from $149M to $148M.
What is the long-term trend for Corebridge Financial's group retirement — separate account, liability, benefit payment?
Over 4 years (2021 to 2025), Corebridge Financial's group retirement — separate account, liability, benefit payment has grown at a 2.9% compound annual growth rate (CAGR), from $615M to $689M.
What does group retirement — separate account, liability, benefit payment mean?
Represents the total cash outflows from separate account products to policyholders for benefits, such as annuity payments or death benefits. This reflects the maturity and payout phase of the retirement product lifecycle within the group retirement segment.

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