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Corebridge Financial CRBG Benefits, Losses and Expenses

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Segments

By segment

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Individual Retirement$1.25B+13.5%
Life Insurance$950M+0.5%
Institutional Markets$558M
Group Retirement$510M+6.9%

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:BenefitsLossesAndExpenses.

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 per common share data)Three Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
General operating expenses4665179341,043
Interest expense131137262285
Net (gain) on divestitures(2)
Total benefits and expenses3,8623,3347,7297,768
Income (loss) before income tax expense (benefit)52(608)149(1,470)
Income tax expense (benefit)5060208(145)
Net income (loss)2(668)(59)(1,325)
Less: Net loss attributable to noncontrolling interests(8)(8)(1)

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's benefits, losses and expenses?
Corebridge Financial (CRBG) reported benefits, losses and expenses of $3.86B in Q2 2026.
How has Corebridge Financial's benefits, losses and expenses changed year-over-year?
Corebridge Financial's benefits, losses and expenses increased by 15.8% year-over-year, from $3.33B to $3.86B.
What is the long-term trend for Corebridge Financial's benefits, losses and expenses?
Over 3 years (2022 to 2025), Corebridge Financial's benefits, losses and expenses has grown at a 10.2% compound annual growth rate (CAGR), from $14.21B to $19.02B.
What does benefits, losses and expenses mean?
Aggregated costs related to policyholder benefits, claims, and other insurance-related expenses not categorized elsewhere. This represents the core cost of fulfilling obligations to policyholders and managing insurance risk.

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