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Corebridge Financial CRBG Deferred acquisition costs

Deferred acquisition costs at other companies

American International Group logo
American International GroupAIG
$2.11B+2.0%

Segments

By segment

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Corporate & Other$164M-91.8%

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:SupplementaryInsuranceInformationDeferredPolicyAcquisitionCosts.

The source filing: Corebridge Financial’s 10-K, filed February 11, 2026.

Filed
Feb 10, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001889539-26-000022
At December 31, 2025 and 2024 / Segment (in millions)Deferred Policy Acquisition Costs and Value of Business AcquiredFuture Policy BenefitsPolicy and Contract ClaimsSchedule III / Unearned Premiums
Life Insurance4,17113,5138315
Institutional Markets11825,83187
Corporate and Other16420,0971114
Total Corebridge$8,885$60,971$1,055$9
2024
Individual Retirement$3,021$1,183$29
Group Retirement1,0492131
Life Insurance4,13813,1707995

Item 8. Financial Statements and Supplementary Data

FAQ

What is Corebridge Financial's deferred acquisition costs?
Corebridge Financial (CRBG) reported deferred acquisition costs of $8.89B in Q4 2025.
How has Corebridge Financial's deferred acquisition costs changed year-over-year?
Corebridge Financial's deferred acquisition costs decreased by 13.7% year-over-year, from $10.29B to $8.89B.
What is the long-term trend for Corebridge Financial's deferred acquisition costs?
Over 4 years (2021 to 2025), Corebridge Financial's deferred acquisition costs has grown at a 2.5% compound annual growth rate (CAGR), from $8.06B to $8.89B.
What does deferred acquisition costs mean?
Deferred acquisition costs represent the capitalized costs associated with acquiring new insurance contracts, such as commissions and underwriting expenses. These costs are amortized over the expected life of the policies to match expenses with the related revenue recognition. This metric is a critical indicator of long-term profitability and the efficiency of the company's sales and distribution efforts.

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