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Corebridge Financial CRBG Term Life Insurance — (Decrease) increase in reserves

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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:IncreaseDecreaseInFuturePolicyBenefitReservesAndOtherInsuranceLiabilities.

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

100% caused a (credit)/charge to net income of $0 million and $1 million, respectively. The discount rate was updated based on

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's term life insurance — (decrease) increase in reserves?
Corebridge Financial (CRBG) reported term life insurance — (decrease) increase in reserves of $0 in Q2 2026.
How has Corebridge Financial's term life insurance — (decrease) increase in reserves changed year-over-year?
Corebridge Financial's term life insurance — (decrease) increase in reserves decreased by 100.0% year-over-year, from $1M to $0.
What is the long-term trend for Corebridge Financial's term life insurance — (decrease) increase in reserves?
Over 3 years (2021 to 2025), Corebridge Financial's term life insurance — (decrease) increase in reserves has grown at a -100.0% compound annual growth rate (CAGR), from $15M to $0.
What does term life insurance — (decrease) increase in reserves mean?
This metric represents the net change in the actuarial liabilities held by the insurer to cover future claims and benefits for term life insurance policies. A positive value indicates an increase in the reserve balance due to new business or updated actuarial assumptions, while a negative value reflects a release of reserves. It serves as a critical indicator of the company's long-term liability management and the profitability of its underwriting activities within the term life segment.

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