Welcome to our dedicated page for Corebridge Financial news (Ticker: CRBG), a resource for investors and traders seeking the latest updates and insights on Corebridge Financial stock.
Corebridge Financial Inc. (CRBG) provides investors and stakeholders with timely updates through this comprehensive news hub. Track official press releases, financial disclosures, and strategic developments from the U.S. leader in retirement solutions and insurance products.
This resource consolidates all CRBG announcements including earnings reports, product innovations, executive appointments, and regulatory filings. Users gain efficient access to primary sources for informed decision-making, with updates spanning the company's five operational segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate operations.
Bookmark this page to monitor Corebridge Financial's latest initiatives in financial security planning and risk management solutions. Check regularly for verified updates directly affecting market positioning and industry trends in the insurance sector.
Corebridge Financial (NYSE:CRBG) has released new research highlighting the significant confidence gap between Americans with and without life insurance. The study reveals that 47% of insured individuals are confident in their family's financial security compared to only 28% of those uninsured.
The research identifies key barriers to insurance adoption, with 38% citing cost as the primary deterrent, though most overestimate actual premiums. Notably, 73% of respondents indicated they would be more likely to get coverage with 24-hour online approval processes. The study also found that over 80% of respondents value living benefits such as emergency coverage, critical illness support, and long-term care costs.
The survey, conducted by Morning Consult, sampled 2,200 adults nationwide, revealing that 50% of Americans lack life insurance coverage, with 27% of current policyholders indicating they need to increase their coverage levels.
Corebridge Financial (NYSE:CRBG) announced that its President and CEO, Kevin Hogan, will participate in a fireside chat at the 2025 KBW Insurance Conference. The presentation is scheduled for September 3, 2025, at 2:05 p.m. EDT. Investors can access the live webcast through the Investors section of corebridgefinancial.com, with a replay available after the event.
Corebridge Financial (NYSE:CRBG) has launched Power Select AICOSM, an innovative index annuity product in partnership with Market Synergy Group (MSG). The new product features a unique Additional Interest Credit Overlay (AICO) with a 200% multiplier that can potentially double total interest earned over 5 years.
The product is part of The Power Series of Index Annuities® and offers growth potential through index interest accounts linked to the S&P 500®, Nasdaq-100®, and select multi-asset indices. Key features include 100% protection against market losses, automatic earnings boost up to 200% in weak markets, and index-linked gains in strong markets. The product carries an annual fee of 0.80% and includes a maximum overlay amount of 30% of net premiums.
Corebridge Financial (NYSE: CRBG) has announced the pricing of a secondary offering of its common stock by American International Group (NYSE: AIG). The offering consists of 30 million shares priced at $33.65 per share, representing approximately $1.0 billion in gross proceeds.
AIG, as the selling stockholder, has also granted the underwriter Morgan Stanley a 30-day option to purchase up to 4.5 million additional shares. The offering represents approximately 5.6% of Corebridge's total outstanding shares of about 538 million. The transaction is expected to close on August 8, 2025, with all net proceeds going to AIG.
Corebridge Financial (NYSE: CRBG) announced a secondary offering of common stock by its major shareholder American International Group (NYSE: AIG). The offering consists of 30 million existing shares with an additional 30-day option for 4.5 million shares. The shares represent a portion of AIG's holdings in CRBG, which currently has approximately 538 million total shares outstanding.
Morgan Stanley & Co. LLC will serve as the underwriter for the offering. All net proceeds from the sale will go to AIG, with no new shares being issued by Corebridge Financial.
Corebridge Financial (NYSE:CRBG) reported mixed Q2 2025 results, with a net loss of $660 million ($1.20 per share) but strong adjusted operating performance. The company achieved adjusted after-tax operating income of $750 million ($1.36 per share), representing a 20% year-over-year increase in operating EPS.
Key highlights include premiums and deposits of $10.8 billion, completion of approximately 90% of the Individual Retirement VA transaction, and return of $442 million to shareholders through dividends ($131 million) and share repurchases ($311 million). The company maintained strong liquidity with $1.3 billion at the holding company level.
Individual Retirement saw growth in fixed index annuity and RILA deposits, while Life Insurance reported a 40% increase in APTOI. However, Institutional Markets experienced a 45% decrease in premiums and deposits, primarily due to lower guaranteed investment contract deposits.
Corebridge Financial (NYSE: CRBG) has completed the major portion of its previously announced variable annuity reinsurance agreement with Venerable Holdings' subsidiary. The closed portion involves American General Life Insurance Company (AGL), representing approximately 90% of the total transaction value.
The agreement includes reinsurance of AGL's entire in-force Individual Retirement variable annuity book and new contracts through a flow reinsurance arrangement. The remaining components, including reinsurance of USL-issued variable annuities and the sale of SAAMCo, are expected to close in Q4 2025, pending regulatory approvals.
Corebridge Financial (NYSE:CRBG) has scheduled its second quarter 2025 financial results announcement for Monday, August 4, 2025, after market close. The company will hold a conference call to discuss the results on Tuesday, August 5, 2025, at 10:00 a.m. EDT.
Earnings materials will be accessible through the Investors section of the company's website. A webcast of the conference call will also be available, with a replay provided shortly after the event.
Corebridge Real Estate Investors (NYSE:CRBG) and Equus Capital Partners have sold a significant industrial real estate portfolio to Town Lane in Raleigh-Durham. The portfolio comprises 2.7 million square feet of shallow bay industrial real estate across 55 buildings in six industrial parks, along with 40 acres of developable land.
The transaction maintains continuity as BPG Management, an Equus affiliate, will continue managing and leasing the properties, while Equus retains a minority stake. The portfolio, located in supply-constrained, last-mile areas, serves diverse regional and local economy tenants and has shown resilient performance across economic cycles.
During Corebridge's 4+ year ownership, the company executed over 2 million square feet of leases (78% of portfolio GLA) through new, renewal, and expansion agreements. Town Lane plans to continue investing in the portfolio through value-add capital expenditures and potential development of the additional land sites.
Corebridge Financial (NYSE:CRBG) has announced a transformative $2.8 billion transaction with Venerable Holdings to reinsure its entire Individual Retirement variable annuity portfolio, which has a total account value of $51 billion as of March 31, 2025.
The deal will generate $2.1 billion in net distributable proceeds after-tax, with the majority earmarked for share repurchases. The Board has authorized a $2 billion increase to the share repurchase program. The transaction includes $5 billion of General Account AV and $46 billion of Separate Account AV, along with the sale of related investment adviser SAAMCo.
The transaction is expected to close in Q3-Q4 2025, subject to regulatory approvals. Corebridge will maintain its broad annuity product platform, continuing to offer fixed, index, and RILA products while reducing risk exposure.
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