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Corebridge Financial CRBG Life Insurance — Separate Account, Liability, Benefit Payment

Other segment segments

Group Retirement
$148M-0.7%
Institutional Markets
$6M

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$111M-5.1%
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BHFCompany-Owned Life Insurance — Separate Account, Liability, Benefit Payment
$4M-66.7%
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CINFUniversal life — Separate Account, Liability, Benefit Payment
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$130M+52.9%
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PRUPGIM — Separate Account, Liability, Benefit Payment
$969M+5.7%

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 life insurance — separate account, liability, benefit payment?
Corebridge Financial (CRBG) reported life insurance — separate account, liability, benefit payment of $3M in Q2 2026.
How has Corebridge Financial's life insurance — separate account, liability, benefit payment changed year-over-year?
Corebridge Financial's life insurance — separate account, liability, benefit payment increased by 50.0% year-over-year, from $2M to $3M.
What is the long-term trend for Corebridge Financial's life insurance — separate account, liability, benefit payment?
Over 4 years (2021 to 2025), Corebridge Financial's life insurance — separate account, liability, benefit payment has grown at a 2.4% compound annual growth rate (CAGR), from $10M to $11M.
What does life insurance — separate account, liability, benefit payment mean?
This represents the cash outflows paid to policyholders or beneficiaries from separate account products, typically upon death, maturity, or specific benefit triggers. It reflects the realization of insurance obligations within the separate account portfolio. Monitoring these payments helps in assessing the maturity profile and claim experience of the insurance book.

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