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Corebridge Financial CRBG Policy liabilities

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Segments

By segment

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Individual Retirement$112.64B+7.7%
Group Retirement$37.76B-2.1%
Institutional Markets$18.02B
Life Insurance$10.74B+2.9%

By product

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Guaranteed Investment Contract$47M

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:PolicyholderContractDeposits.

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
Total assets$415,793$413,547
Liabilities:
Future policy benefits for life and accident and health insurance contracts$59,541$60,971
Policyholder contract deposits (portion measured at fair value: 2026 - $13,568; 2025 - $12,156)193,225188,876
Market risk benefit liabilities, at fair value7,7237,309
Other policyholder funds3,0032,959
Fortitude Re funds withheld payable (portion measured at fair value: 2026 - $3,971; 2025 - $3,795)22,96523,648
Other liabilities (portion measured at fair value: 2026 - $223; 2025 - $322)*8,3229,333

Item 1. | Financial Statements

FAQ

What is Corebridge Financial's policy liabilities?
Corebridge Financial (CRBG) reported policy liabilities of $193.23B in Q2 2026.
How has Corebridge Financial's policy liabilities changed year-over-year?
Corebridge Financial's policy liabilities increased by 6.1% year-over-year, from $182.19B to $193.23B.
What is the long-term trend for Corebridge Financial's policy liabilities?
Over 5 years (2020 to 2025), Corebridge Financial's policy liabilities has grown at a 4.9% compound annual growth rate (CAGR), from $148.42B to $188.88B.
What does policy liabilities mean?
This represents funds deposited by policyholders into contracts that function similarly to savings or investment accounts, such as universal life or fixed annuities. These deposits are liabilities because the company is obligated to return the funds with interest or provide specified benefits. It reflects the company's success in attracting and retaining customer capital.

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