What does life insurance — interest expense mean?

The cost of financing incurred by the life insurance segment, typically related to debt obligations or other interest-bearing liabilities allocated to the segment. This reflects the segment's capital structure and the cost of maintaining its liquidity and operational funding. It is a key component in determining the segment's net contribution to the parent company's bottom line.

Corebridge Financial (CRBG) Life Insurance — Interest Expense

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Other segment segments

Group Retirement

$0—

Individual Retirement

$0—

Institutional Markets

$0—

Similar metrics at other companies

RGALife Insurance Product Line — Interest Expense

$0—

UHALLife Insurance — Interest Expense

$72K-25.0%

UHALLife Insurance — Interest Expense

$3.58M-2.9%

ACNBInsurance — Interest Expense

$0—

PRUIndividual Life — Interest Expense

$104M+2.0%

HMNLife & Retirement — Interest Expense

$0—

Other financials

Income statement

See full

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

See full

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

See full

Net margin5.4%—

Returns & leverage

See full

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:InterestExpense.

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) / Three Months Ended June 30, 2026	Individual Retirement	Group Retirement	Life Insurance	Institutional Markets	Corporate & Other	Total Corebridge	Adjustments	Total Consolidated
Non-deferrable insurance commissions	50	31	14	5	1	101	1	102
Advisory fee expenses	6	39	—	—	—	45	—	45
General operating expenses(c)	87	103	122	22	56	390	76	466
Interest expense	—	—	—	—	124	124	7	131
Total benefits and expenses	1,252	510	950	740	180	3,632	230	3,862
Noncontrolling interests	—	—	—	—	—	—
Adjusted pre-tax operating income (loss)	$467	$151	$112	$119	$(185)	$664
Adjustments to:

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's life insurance — interest expense?: Corebridge Financial (CRBG) reported life insurance — interest expense of $0 in Q2 2026.
What does life insurance — interest expense mean?: The cost of financing incurred by the life insurance segment, typically related to debt obligations or other interest-bearing liabilities allocated to the segment. This reflects the segment's capital structure and the cost of maintaining its liquidity and operational funding. It is a key component in determining the segment's net contribution to the parent company's bottom line.