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Corebridge Financial CRBG Universal Life — Interest accretion

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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:LiabilityForFuturePolicyBenefitExpectedFuturePolicyBenefitInterestAccretion.

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)Gross Assessments / Six Months Ended June 30, 2026Gross Assessments / Six Months Ended June 30, 2025Interest Accretion / Six Months Ended June 30, 2026Interest Accretion / Six Months Ended June 30, 2025
Life Insurance$511$562$84$79
Corporate and Other191811
Total$530$580$85$80

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's universal life — interest accretion?
Corebridge Financial (CRBG) reported universal life — interest accretion of $43M in Q2 2026.
How has Corebridge Financial's universal life — interest accretion changed year-over-year?
Corebridge Financial's universal life — interest accretion increased by 7.5% year-over-year, from $40M to $43M.
What is the long-term trend for Corebridge Financial's universal life — interest accretion?
Over 4 years (2021 to 2025), Corebridge Financial's universal life — interest accretion has grown at a 4.6% compound annual growth rate (CAGR), from $138M to $165M.
What does universal life — interest accretion mean?
Reflects the periodic increase in the liability for future policy benefits due to the passage of time, calculated based on the discount rate applied to expected future obligations. This represents the non-cash expense associated with the time value of money on long-term insurance liabilities.

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