Corebridge Financial Inc Stock Price, News & Analysis

Corebridge Financial (NYSE: CRBG) announced it has closed the final portions of its previously announced transaction with Corporate Solutions Life Reinsurance Company, an insurance subsidiary of Venerable Holdings.

The closing includes the reinsurance of all Individual Retirement variable annuities issued by The United States Life Insurance Company in the City of New York (USL) and the sale of a related investment adviser and manager (SAAMCo). This builds on the August 2025 close that reinsured all Individual Retirement variable annuities issued by American General Life Insurance Company (AGL).

Corebridge Financial (NYSE: CRBG) announced it has been selected by S&P Dow Jones Indices to join the S&P MidCap 400 Index, effective prior to the open of trading on December 17, 2025. The company described the inclusion as an important milestone and a recognition of its commitment to growth. Management highlighted its product portfolio, distribution reach, and risk management as foundations to serve customers' retirement and protection needs while pursuing value for shareholders.

Corebridge Financial (NYSE:CRBG) will be added to the S&P MidCap 400 prior to the open on Dec 17, 2025, replacing Allete (NYSE:ALE), which will be deleted on the same date.

The change follows an announced acquisition of Allete by Canada Pension Plan Investment Board and Global Infrastructure Partners, which is expected to close soon pending final conditions.

Everest (NYSE: EG) announced that Elias Habayeb will become Executive Vice President and Group Chief Financial Officer, effective on or about May 1, 2026. He will report to President and CEO Jim Williamson and join the Executive Leadership Team. Habayeb succeeds Mark Kociancic, who will retire after the Q1 reporting cycle and remain as a special advisor through the transition.

Habayeb has over 30 years of finance experience, including serving as CFO of Corebridge Financial and prior CFO roles at AIG divisions; he led the IPO that established Corebridge as an independent company.

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.