What does unexpired risk reserve — unexpired risk reserve mean?

The amount of premiums collected for insurance coverage that has not yet been provided.

How do you interpret unexpired risk reserve — unexpired risk reserve?

An increase suggests growth in written premiums or longer policy durations, while a decrease may indicate shrinking business volume or shorter policy terms.

How does unexpired risk reserve — unexpired risk reserve compare across companies?

Standard across life and property-casualty insurers, often labeled as Unearned Premium Reserve or similar liability accounts.

Corebridge Financial CRBG Unexpired Risk Reserve — Unexpired risk reserve

Discontinued — last reported Q4 '20

Similar metrics at other companies

EGOther — Unearned Premium Reserves

$32M-52.9%

EGInsurance — Unearned Premium Reserves

$2.5B-5.3%

PRUTotal — Policyholder Account Balance, Unearned Revenue Reserve

$6.7B+12.3%

RNROther — SEC Schedule, 12-16, Insurance Companies, Supplementary Insurance Information, Unearned Premium

$0—

PRUTotal — Unearned revenue reserve net of reinsurance recoverables

$5.18B+7.0%

EGReinsurance — Unearned Premium Reserves

$4.75B+2.7%

Other financials

Income statement

See full

Revenue$4.0B+11.0%

Net income-$53.0M+92.0%

EPS (diluted)-$0.11+90.8%

Balance sheet

See full

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

See full

Operating cash flow-$9.0M-102%

Valuation

See full

Market cap$13.33B-37.9%

P/S0.7×-0.6×

Profitability

See full

Net margin5.4%—

Returns & leverage

See full

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 crbg:LiabilityForFuturePolicyBenefitBeforeReinsuranceUnexpiredRiskReserve.

The official record: Corebridge Financial’s 10-K, filed February 15, 2024, on SEC EDGAR. View the filing →

Questions, answered.

What does unexpired risk reserve — unexpired risk reserve mean?: The amount of premiums collected for insurance coverage that has not yet been provided.
How do you interpret unexpired risk reserve — unexpired risk reserve?: An increase suggests growth in written premiums or longer policy durations, while a decrease may indicate shrinking business volume or shorter policy terms.
How does unexpired risk reserve — unexpired risk reserve compare across companies?: Standard across life and property-casualty insurers, often labeled as Unearned Premium Reserve or similar liability accounts.