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Corebridge Financial CRBG Life Insurance — Total benefits and expenses

Other segment segments

Individual Retirement
$1.25B+13.5%
Institutional Markets
$558M
Group Retirement
$510M+6.9%

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$1.55B-0.6%
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$38.57M-0.5%
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PRUPGIM — Total benefits and expenses
$813M-0.1%
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PRURetirement — Total benefits and expenses
$3.78B+2.8%

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:BenefitsLossesAndExpenses.

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
Advisory fee expenses6394545
General operating expenses(c)87103122225639076466
Interest expense1241247131
Total benefits and expenses1,2525109507401803,6322303,862
Noncontrolling interests
Adjusted pre-tax operating income (loss)$467$151$112$119$(185)$664
Adjustments to:
Total revenue(382)

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's life insurance — total benefits and expenses?
Corebridge Financial (CRBG) reported life insurance — total benefits and expenses of $950M in Q2 2026.
How has Corebridge Financial's life insurance — total benefits and expenses changed year-over-year?
Corebridge Financial's life insurance — total benefits and expenses increased by 0.5% year-over-year, from $945M to $950M.
What is the long-term trend for Corebridge Financial's life insurance — total benefits and expenses?
Over 3 years (2022 to 2025), Corebridge Financial's life insurance — total benefits and expenses has grown at a -5.2% compound annual growth rate (CAGR), from $4.49B to $3.82B.
What does life insurance — total benefits and expenses mean?
The sum of all costs associated with the life insurance segment, including policyholder benefits, acquisition costs, interest, and general operating expenses. This figure represents the total outflow required to support the segment's revenue-generating activities. It is the primary metric used to calculate the segment's underwriting margin and overall profitability.

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