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Corebridge Financial CRBG Universal Life — Assessments

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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 crbg:LiabilityForFuturePolicyBenefitExpectedNetPremiumAssessments.

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
Line itemSix Months Ended June 30, 2026 / Life InsuranceSix Months Ended June 30, 2026 / Corporate and OtherSix Months Ended June 30, 2026 / TotalSix Months Ended June 30, 2025 / Life InsuranceSix Months Ended June 30, 2025 / Corporate and OtherSix Months Ended June 30, 2025 / Total
Balance, beginning of year$4,241$54$4,295$4,034$54$4,088
Effect of changes in experience183(2)181217(2)215
Adjusted beginning balance$4,424$52$4,476$4,251$52$4,303
Assessments318318327327
Excess benefits paid(509)(509)(581)(581)
Interest accrual8418579180
Other(4)(4)(1)(1)
Changes related to unrealized appreciation (depreciation) of investments(26)(26)3333

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's universal life — assessments?
Corebridge Financial (CRBG) reported universal life — assessments of $155M in Q2 2026.
How has Corebridge Financial's universal life — assessments changed year-over-year?
Corebridge Financial's universal life — assessments decreased by 5.5% year-over-year, from $164M to $155M.
What is the long-term trend for Corebridge Financial's universal life — assessments?
Over 4 years (2021 to 2025), Corebridge Financial's universal life — assessments has grown at a -0.6% compound annual growth rate (CAGR), from $671M to $655M.
What does universal life — assessments mean?
This represents the portion of premiums or charges collected from policyholders that are specifically designated to fund future policy benefits. It reflects the revenue stream allocated to cover long-term insurance obligations.

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