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Corebridge Financial CRBG Separate account liabilities

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Segments

By segment

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Group Retirement$42.88B+7.3%
Institutional Markets$4.96B+14.2%
Life Insurance$1.23B+12.4%

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:SeparateAccountsLiability.

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, except for share data)June 30, 2026December 31, 2025
Other liabilities (portion measured at fair value: 2026 - $223; 2025 - $322)*8,3229,333
Short-term and long-term debt, of which $1,250 in 2026 and $0 in 2025 is short-term debt9,3629,359
Debt of consolidated investment entities*1,5081,547
Separate account liabilities98,77195,585
Total liabilities$404,420$399,587
Contingencies, commitments and guarantees (See Note 15)
Corebridge Shareholders' equity:
Preferred stock and additional paid-in capital, $1 par value and $1,000 liquidation preference$493$493

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's separate account liabilities?
Corebridge Financial (CRBG) reported separate account liabilities of $98.77B in Q2 2026.
How has Corebridge Financial's separate account liabilities changed year-over-year?
Corebridge Financial's separate account liabilities increased by 5.0% year-over-year, from $94.06B to $98.77B.
What is the long-term trend for Corebridge Financial's separate account liabilities?
Over 5 years (2020 to 2025), Corebridge Financial's separate account liabilities has grown at a -1.0% compound annual growth rate (CAGR), from $100.29B to $95.59B.
What does separate account liabilities mean?
These are liabilities associated with assets held in separate accounts, typically for variable annuity or pension products where the investment risk is borne by the policyholder. Because these assets are legally segregated from the general account, the liabilities are equal to the assets by definition. This metric reflects the scale of the company's investment-linked product offerings.

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