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Corebridge Financial CRBG Life Insurance — Policy fees

Other segment segments

Group Retirement
$116M+10.5%
Individual Retirement
$89M+17.1%
Institutional Markets
$51M

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PRUGroup Insurance — Insurance Commissions and Fees
$178M-3.3%
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HCIInsurance Operation — Insurance Commissions And Fees
$1.47M-34.3%
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HIGInstallment billing fees — Insurance Commissions and Fees
$19M0.0%

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:InsuranceCommissionsAndFees.

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, 2026Individual RetirementGroup RetirementLife InsuranceInstitutional MarketsCorporate & OtherTotal CorebridgeAdjustmentsTotal Consolidated
Premiums$26$4$382$129$—$541$1$542
Policy fees891163565161212624
Net investment income(a)1,604438324679(14)3,0311593,190
Net realized gains (losses)(a)(b)(554)(554)
Advisory fee and other income1039112112
Total adjusted revenues1,7196611,062859(5)4,296(382)3,914
Policyholder benefits3276524321,123(3)1,120
Change in the fair value of market risk benefits, net180180

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's life insurance — policy fees?
Corebridge Financial (CRBG) reported life insurance — policy fees of $356M in Q2 2026.
How has Corebridge Financial's life insurance — policy fees changed year-over-year?
Corebridge Financial's life insurance — policy fees decreased by 2.7% year-over-year, from $366M to $356M.
What is the long-term trend for Corebridge Financial's life insurance — policy fees?
Over 3 years (2022 to 2025), Corebridge Financial's life insurance — policy fees has grown at a -2.6% compound annual growth rate (CAGR), from $1.56B to $1.44B.
What does life insurance — policy fees mean?
Revenue generated from administrative charges, cost of insurance deductions, and other service fees levied on life insurance policies. This represents a recurring, non-premium revenue stream that contributes to the segment's profitability.

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