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HOUSTON--(BUSINESS WIRE)--According to new research from Corebridge Financial, Americans with life insurance are significantly more likely to say that their spouse or dependents would be able to manage financially without them, with an impressive 47% of those with life insurance saying they are either completely confident or very confident, compared to just 28% for those without life insurance. Moreover, those without a life insurance policy are four times more likely (32%) to say they are not.
HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the launch of Power Select AICOSM, a new index annuity that expands the strong partnership between Corebridge and Market Synergy Group (MSG), one of the nation's largest networks of independent marketing organizations. Power Select AICO is designed to provide enhanced growth potential with an Additional Interest Credit Overlay (AICO) feature that no other index annuity offers in today's market. “We are excited to build on our long-s.
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $33.65 per share. The offering is expected to close on August 8, 2025, subject to customary closing conditions. AIG, as the selling stockholder, has offered 30 million existing shares of common stock (out of approximately 538 million total shares of common stock o.
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. (NYSE: CRBG) today announced the launch of a secondary offering of its common stock by American International Group, Inc. (NYSE: AIG). AIG, as the selling stockholder, is offering 30 million existing shares of common stock (out of approximately 538 million total shares of common stock outstanding) of Corebridge Financial and has granted a 30-day option to the underwriter to purchase up to an additional 4.5 million shares. All of the net proce.
Corebridge Financial, Inc. (NYSE:CRBG ) Q2 2025 Earnings Conference Call August 5, 2025 10:00 AM ET Company Participants Elias Farid Habayeb - Executive VP & CFO Isil Muderrisoglu - Head of Investor & Rating Agency Relations Kevin Timothy Hogan - President, CEO & Director Conference Call Participants Cave Mohaghegh Montazeri - Deutsche Bank AG, Research Division Elyse Beth Greenspan - Wells Fargo Securities, LLC, Research Division Joel Robert Hurwitz - Dowling & Partners Securities, LLC John Bakewell Barnidge - Piper Sandler & Co., Research Division Michael Augustus Ward - UBS Investment Bank, Research Division Ryan Joel Krueger - Keefe, Bruyette, & Woods, Inc., Research Division Suneet Laxman L. Kamath - Jefferies LLC, Research Division Taylor Alexander Scott - Barclays Bank PLC, Research Division Thomas George Gallagher - Evercore ISI Institutional Equities, Research Division Wesley Collin Carmichael - Autonomous Research US LP Wilma Carter Jackson Burdis - Raymond James & Associates
Corebridge Financial (CRBG -0.72%), a major U.S. provider of retirement, life insurance, and institutional financial products, released its earnings for the second quarter on August 4, 2025. The most important news in the release was a notable beat on adjusted (non-GAAP) earnings per share, which reached $1.36 versus an expected $1.14.
Although the revenue and EPS for Corebridge (CRBG) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Corebridge Financial (CRBG) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.15 per share. This compares to earnings of $1.13 per share a year ago.
HOUSTON--(BUSINESS WIRE)--Corebridge Financial, Inc. ("Corebridge" or the "Company") (NYSE: CRBG) today reported financial results for the second quarter ended June 30, 2025. Kevin Hogan, President and Chief Executive Officer, said, “Corebridge delivered another quarter with very strong financial results and remains focused on driving shareholder value, as demonstrated by our variable annuity reinsurance transaction that further positions our company for the future. “Year over year, adjusted pr.
WEST CHESTER, Pa.--(BUSINESS WIRE)--Venerable Holdings, Inc. (“Venerable”), the leader in providing innovative risk transfer solutions to variable annuity issuers, is pleased to announce the commencement of new business variable annuity flow reinsurance with American General Life Insurance Company (“AGL”), an entity of Corebridge Financial, Inc. Additionally, Venerable has closed its reinsurance transaction with AGL, effective August 1, 2025. The flow reinsurance portion of the agreement involv.