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Corebridge Financial CRBG Long-Duration Insurance — Policyholder Benefits and Claims Incurred, Ceded

Discontinued — last reported Q4 '22

Similar metrics at other companies

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AIZLong Duration — Benefits, ceded to other companies
$8.43M+11.2%
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AFGProperty and casualty insurance — Policyholder Benefits and Claims Incurred, Ceded
$584M+13.1%
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AIZShort Duration — Benefits, ceded to other companies
$1.32B-15.8%
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FNFTraditional Life Insurance Premiums — Policyholder Benefits and Claims Incurred, Ceded
$50M-5.7%
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HIGShort-Duration Insurance, Other — Policyholder Benefits and Claims Incurred, Ceded
$4.25M0.0%
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AIZLife insurance — Benefits, ceded to other companies
$6.05M+0.8%

Other financials

Income statement

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Revenue$4.0B+11.0%
Net income-$53.0M+92.0%
EPS (diluted)-$0.11+90.8%

Balance sheet

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Cash & equivalents$373.0M-5.1%
Total debt$11.2B-17.2%
Total equity$10.8B-9.8%
Total assets$407.06B+4.4%

Cash flow

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Operating cash flow-$9.0M-102%

Valuation

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Market cap$13.33B-37.9%
P/S0.7×-0.6×

Profitability

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Net margin5.4%

Returns & leverage

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Return on equity7.3%
Debt / equity0.9×-0.3×

Where this comes from

Reported directly by Corebridge Financial in its filing.

Tagged under the XBRL concept us-gaap:ReinsuranceEffectOnClaimsAndBenefitsIncurredAmountCeded.

The official record: Corebridge Financial’s 10-K, filed February 24, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Corebridge Financial's long-duration insurance — policyholder benefits and claims incurred, ceded?
Corebridge Financial (CRBG) reported long-duration insurance — policyholder benefits and claims incurred, ceded of $537M in Q4 2022.
How has Corebridge Financial's long-duration insurance — policyholder benefits and claims incurred, ceded changed year-over-year?
Corebridge Financial's long-duration insurance — policyholder benefits and claims incurred, ceded decreased by 17.7% year-over-year, from $652.75M to $537M.
What does long-duration insurance — policyholder benefits and claims incurred, ceded mean?
Claims and benefits recovered from reinsurance partners.
How do you interpret long-duration insurance — policyholder benefits and claims incurred, ceded?
Higher recoveries indicate effective risk mitigation during periods of high claims activity.
How does long-duration insurance — policyholder benefits and claims incurred, ceded compare across companies?
Standard metric for evaluating reinsurance recovery efficiency.