Corebridge Financial Inc Stock Price, News & Analysis

Corebridge Financial (NYSE: CRBG) announced that a secondary offering of its common stock by American International Group (NYSE: AIG) priced at $31.10 per share. The offering, expected to close on November 6, 2025, comprises 32.6 million existing shares—approximately 6.3% of ~520 million shares outstanding—corresponding to about $1.0 billion of gross proceeds to AIG. All net proceeds will go to AIG. Subject to closing of the offering, Corebridge intends to purchase approximately $500 million of common stock from the underwriter at the same per-share price, funded with cash on hand. The purchase closing is conditioned on the offering close; the offering close is not conditioned on the purchase.

Corebridge Financial (NYSE:CRBG) announced a secondary offering of 32.6 million existing shares by American International Group (NYSE:AIG), equal to about 6.3% of Corebridge's ~520 million shares outstanding. All net proceeds from the sale will go to AIG. Subject to the offering closing, Corebridge intends to purchase approximately $500 million of common stock from the underwriter at the same per-share price, funded with cash on hand. J.P. Morgan Securities is the underwriter. The offering is made only by prospectus and prospectus supplement; a registration statement filed 11/6/2023 became effective automatically.

Corebridge Financial (NYSE: CRBG) announced that Chief Financial Officer Elias Habayeb has resigned to accept a senior leadership role at another publicly listed company and will remain CFO through April 24, 2026.

During the transition Habayeb will complete and file 2025 financial statements and finalize the 2026 budget. The company said the departure is not due to any disagreement over financial reporting or operations. Corebridge has engaged a leading executive recruiting firm to search for a successor and said its finance team will continue supporting execution of its strategic priorities.

Corebridge Financial (NYSE: CRBG) announced on October 23, 2025 that the Board elected Tomohiro Yao as a director, effective immediately.

The Board expanded from 13 to 14 directors. Mr. Yao’s appointment is made pursuant to a Stockholder’s Agreement between Corebridge and Nippon Life Insurance Company. He currently serves as Executive Officer and Head of Americas / Europe at Nippon Life and has held senior roles since joining in 1995, including Regional CEO for Asia Pacific and Chairman of Nippon Life Asia Pacific in Singapore.

Corebridge Financial (NYSE:CRBG) released the 2025 Living and Funding Longer Lives study on October 21, 2025, reporting that 50% of Americans believe they could live to 100 and 49% want to. The survey of 4,400 adults finds centenarian optimism driven by healthcare advances (77%), current health (73%) and financial planning (61%).

The study highlights a retirement planning gap: many expect short retirements while anticipating longer lifespans, and it links working with financial professionals to higher confidence in covering retirement and healthcare costs.

Corebridge Financial (NYSE: CRBG) will report third quarter 2025 financial results after market close on Monday, November 3, 2025. Earnings materials will be posted in the Investors section of corebridgefinancial.com. Management will review results on a conference call at 10:00 a.m. EST on Tuesday, November 4, 2025, with a live webcast and a replay available in the Investors section.

Corebridge Financial (NYSE:CRBG) has announced a nationwide expansion of its life insurance product distribution through Allstate Financial Services. This strategic partnership follows a successful two-year collaboration in New York and will make Corebridge's comprehensive life insurance portfolio available to licensed Allstate sales professionals across the United States.

The product lineup includes Select-a-Term flexible term life insurance with 18 different duration options, and permanent life insurance products including index universal life (IUL) offerings - Max Accumulator+ and Value+ Protector. All products feature Agile Underwriting+ (AU+), a streamlined underwriting process that may eliminate the need for medical exams, labs, or physician statements.

Corebridge Financial (NYSE: CRBG) has announced a significant leadership change, appointing Marc Costantini as its new Chief Executive Officer, effective December 1, 2025. Costantini, who will also join the Board of Directors, comes from Manulife where he served as Global Head of Strategy and Inforce Management.

Current CEO Kevin Hogan will transition to Special Advisor to the Board for six months following Costantini's arrival. Costantini brings over 35 years of industry experience, including leadership roles at Munich Re and Guardian, along with expertise in strategy, product innovation, digital solutions, corporate development, operations, finance, distribution, and risk management.

Under Hogan's decade-long leadership, Corebridge became one of the largest providers of retirement solutions and life insurance products in the United States, successfully separated from AIG, and recently completed a significant variable annuity reinsurance transaction.