Corebridge Financial Inc

Corebridge Financial, Inc. engages in the provision of retirement solutions and insurance products. It operates under the following business segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate and Other. The Individual Retirement segment consists of fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment is composed of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered to employer defined contribution plans and their participants, along with proprietary and non-proprietary annuities, advisory and brokerage products offered outside of plan. The Life insurance segment's primary products include term life and universal life insurance. The Institutional Markets segment offers SVW products, structured settlement, PRT annuities, and corporate-and bank-owned life insurance. The Corporate and Other segment consists of corporate expenses not attributable to other segments, interest expense on financial debt, results of consolidated investment entities, Institutional asset management business, and results of insurance lines ceded to Fortitude. The company was founded in 1957 and is headquartered in Houston, TX.

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q3 2023

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Corebridge Financial excels in Q1 2023, eyes strategic growth

Corebridge Financial's Q1 2023 performance was robust, marked by strong financial metrics and significant growth in premiums and deposits.
Despite facing challenges like delinquent loans and competition, the company's disciplined risk management and strategic focus position it well for the future.
Opportunities lie in optimizing the portfolio, exploring strategic alternatives, and leveraging the strong liquidity and balance sheet of Corebridge.
Investors can be optimistic about Corebridge's performance, given its solid start in 2023 and proactive approach to managing risks and seizing opportunities.

Corebridge Financial delivers exceptional Q2 results, eyes strategic optimization

Corebridge Financial's strong performance in base spread income and record-setting annuity sales positions it well for future growth. However, challenges in the VA and Group Retirement businesses require strategic attention. The company's focus on optimizing the portfolio and achieving targeted financial ratios presents promising opportunities for shareholders.

Corebridge Financial Inc reports robust Q3 performance and strategic shifts

Corebridge Financial Inc's Q3 performance reflects strong growth in key financial metrics and strategic initiatives to unlock shareholder value. While facing seasonal expense impacts and competition challenges, the company is well-positioned to capitalize on growth opportunities in the U.S. life and retirement products market. With a focus on operational efficiency and capital allocation, Corebridge aims for sustained profitability and financial flexibility.

Corebridge Financial Inc posts record earnings, eyes growth opportunities

Corebridge Financial Inc reported strong financial performance in Q4 2023, with record premiums, reduced expenses, and improved profitability. The company's focus on capital return, operational efficiency, and risk management underpins its resilience and growth potential.
Despite facing challenges in interest rate sensitivity and product mix optimization, Corebridge remains well-positioned to leverage opportunities in capital return, pension risk transfers, and business expansion. Continued emphasis on efficiency and growth initiatives will be key for sustained success.
Overall, Corebridge's Q4 earnings call highlighted a solid foundation for future growth, supported by strong financial results, prudent risk management, and a strategic focus on enhancing shareholder value. The company's proactive approach to challenges and opportunities sets the stage for continued success.

Corebridge Financial Inc reports robust Q1 performance and optimistic outlook

Corebridge Financial Inc's Q1 2024 earnings call highlighted strong financial performance, a solid cash position, and positive growth opportunities. While challenges exist in the Life Insurance segment, the company is optimistic about spread products growth and long-term prospects in alternatives.

Corebridge Financial Inc reports robust Q3 performance and growth opportunities

Corebridge Financial Inc delivered a strong Q3 performance with notable growth across key business segments.
The company's focus on organic growth and efficient capital management is enhancing shareholder value.
While facing challenges in sustaining high growth rates, Corebridge has opportunities to capitalize on market potential.
Strategic focus on expense efficiency and operational optimization will be crucial for future success.

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Corebridge Financial, Inc. engages in the provision of retirement solutions and insurance products. It operates under the following business segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate and Other. The Individual Retirement segment consists of fixed annuities, fixed index annuities, variable annuities, and retail mutual funds. The Group Retirement segment is composed of record-keeping, plan administrative and compliance services, financial planning and advisory solutions offered to employer defined contribution plans and their participants, along with proprietary and non-proprietary annuities, advisory and brokerage products offered outside of plan. The Life insurance segment offers term life and universal life insurance. The Institutional Markets segment refers to SVW products, structured settlement, PRT annuities, and corporate-and bank-owned life insurance. The Corporate and Other segment consists of corporate expenses not attributable to other segments, interest expense on financial debt, results of consolidated investment entities, Institutional asset management business, and results of insurance lines ceded to Fortitude. The company was founded in 1957 and is headquartered in Houston, TX.

HOUSTON--( BUSINESS WIRE )--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report fourth quarter and full year 2022 financial results before the market opens on Friday, February 17, 2023. Corebridge's press release and financial supplement will be available in the Investors section of corebridgefinancial.com.

Corebridge Financial Schedules Announcement of Fourth Quarter and Full Year 2022 Financial Results

One in-demand segment of the financial services industry is retirement planning solutions. Corebridge recently split from AIG, and the stock has slightly beaten the broad market and has crushed other IPO equities.

Corebridge: Shares Steady Post-IPO, A Solid Value And Dividend Story Emerging

HOUSTON--( BUSINESS WIRE )--Corebridge Financial today announced the introduction of the Dimensional US Foundations Index, an index created by Dimensional Fund Advisors for use exclusively in The Power Series of Index Annuities®, Corebridge's family of fixed index annuities.

Corebridge Financial Introduces Dimensional Index Designed Exclusively for The Power Series of Index Annuities

LOUISVILLE, Ky.--( BUSINESS WIRE )--DPL Financial Partners, the leading insurance platform for registered investment advisors (RIAs), today announced the addition of Corebridge Financial to its carrier lineup with two commission-free Corebridge annuity products geared to fee-only advisors. Corebridge, formerly AIG Life & Retirement, is one of the largest providers of retirement solutions and insurance products in the United States.

DPL partners with Corebridge Financial to bring advisory annuity solutions to the RIA community

Blackbaud

HOUSTON--( BUSINESS WIRE )--Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide.

College Students Reporting Increased Levels of Financial Anxiety

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today reported financial results for the third quarter ended September 30, 2022.

Corebridge Financial Announces Third Quarter 2022 Results

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Amid a struggling IPO market, IPO stocks to watch include automotive leader Driven Brands and AIG insurance provider Corebridge. The post Corebridge And Driven Are Rare New Issues To Watch In Struggling IPO Market appeared first on Investor's Business Daily.

Corebridge And Driven Are Rare New Issues To Watch In Struggling IPO Market

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that it will report third quarter 2022 financial results before the market opens on Wednesday, November 9, 2022.

Corebridge Financial Schedules Announcement of Third Quarter 2022 Financial Results

HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Terri Fiedler has been named President of its Retirement Services business, effective immediately. She will continue to report to Kevin Hogan, Chief Executive Officer, Corebridge Financial. “Terri is a proven leader for Corebridge Financial and across the industry, and she now will bring her commitment to customer outcomes and her focus on strong partnerships to our Retirement Services business,” said Mr. Hog

Corebridge Financial Names Terri Fiedler President of Retirement Services

HOUSTON--(BUSINESS WIRE)--Corebridge Financial (NYSE: CRBG) today announced that it has declared a quarterly cash dividend of $0.23 per share of common stock. The dividend on the common stock will be payable October 20, 2022, to shareholders of record at the close of business on October 10, 2022. About Corebridge Financial Corebridge Financial makes it possible for more people to take action in their financial lives. With more than $350 billion in assets under management and administration as o

Corebridge Financial Declares Common Stock Dividend

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AIG insurance unit Corebridge is a top IPO stock to watch in the deepening stock market correction. It's the biggest IPO in 2022.

IPO Stock Of The Week: AIG Insurance Provider Debuts In Weak Market Environment

NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced the closing of its initial public offering (“IPO”) of Corebridge Financial, Inc. (“Corebridge,” NYSE: CRBG). The gross proceeds of the offering to AIG, before deducting underwriting discounts and commissions and other expenses payable by AIG, were approximately USD 1.7 billion. Corebridge's common shares began trading on the New York Stock Exchange on September 15, under the ticker symbol “CRBG.” J.P. Morg

AIG Announces Closing of Corebridge Financial, Inc. Initial Public Offering

Corebridge Financial Inc , the life and retirement unit of insurer American International Group Inc , notched a valuation of $13.2 billion in its U.S. market debut on Thursday after shares opened 2.4% below their offer price.

AIG unit Corebridge valued at over $13 bln after shares drop in debut

Corebridge Financial Inc. CRBG, -0.81% , the life insurance unit of American International Group Inc. AIG, +1.32% , received a lackluster reception in its public debut, as the stock opened 2.4% the initial public offering price. The company said overnight that it's IPO priced at $21 a share, at the low end of the expected range, as the company raised $1.68 billion in the biggest IPO in a rather down year for IPOs.

AIG's Corebridge Financial stock opens below IPO price

The U.S. initial public offering market is bracing for what's expected to be the biggest deal of the year so far, that of the spin-off of AIG's AIG, +1.31% life insurance unit Corebridge Financial CRBG, , which is aiming to raise $1.8 billion. "At the expected deal size it'll represent over a quarter of all 2022 IPO proceeds," said Bill Smith, co-Founder and CEO of Renaissance Capital, a provider of institutional research and IPO exchange traded funds, in commentary.

U.S. IPO market braces for biggest deal of the year in AIG unit Corebridge Financial's $1.8 billion offering

Corebridge Financial has filed proposed terms to raise $1.8 billion in an IPO. The firm provides financial services and insurance products to consumers in the U.S. and is spinning out from parent company AIG.

IPO Update: Corebridge Financial Proposes $1.8 Billion IPO

SAFG Retirement Services has filed to raise capital for its parent firm AIG via an IPO.

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