The latest trading session saw Corebridge Financial (CRBG) ending at $24.63, denoting a +0.78% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily loss of 0.06%. Meanwhile, the Dow gained 0.35%, and the Nasdaq, a tech-heavy index, lost 0.76%.The financial services company's shares have seen an increase of 12.84% over the last month, surpassing the Finance sector's loss of 1.67% and the S&P 500's gain of 3.36%.The upcoming earnings release of Corebridge Financia ...

In the latest market close, Corebridge Financial (CRBG) reached $24.56, with a +0.37% movement compared to the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.08%. Meanwhile, the Dow experienced a drop of 0.26%, and the technology-dominated Nasdaq saw an increase of 0.36%.Coming into today, shares of the financial services company had gained 12.66% in the past month. In that same time, the Finance sector lost 2.71%, while the S&P 500 gained 2.4%.Market participants will ...

HOUSTON--(BUSINESS WIRE)--Corebridge Financial today announced the expansion of its annuity lineup for registered investment advisors (RIAs) with the launch of American Pathway AdvisorySM—a multi-year guaranteed annuity (MYGA) that offers growth and principal protection, along with flexibility and convenience. American Pathway Advisory is a fixed annuity that brings enhanced flexibility to the MYGA space through innovative renewal options. Like many MYGAs, American Pathway Advisory allows consumers to lo ...

Corebridge Financial (CRBG) closed the most recent trading day at $24.17, moving +0.79% from the previous trading session. The stock outpaced the S&P 500's daily gain of 0.08%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.02%.Shares of the financial services company witnessed a gain of 10.25% over the previous month, beating the performance of the Finance sector with its gain of 0.69% and the S&P 500's gain of 3.52%.The investment community will be paying close attention to the earning ...

Corebridge Financial, Inc. (NYSE:CRBG) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Işıl Müderrisoğlu - Investor Relations Kevin Hogan - President and Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants John Barnidge - Piper Sandler Elyse Greenspan - Wells Fargo Securities Alex Scott - Goldman Sachs Thomas Gallagher - Evercore ISI Jimmy Bhullar - J.P. Morgan Ryan Krueger - Keefe, Bruyette & Woods Michael Ward - Citigroup Inc. Sune ...

22 (continued from prior page) Adjusted revenues exclude Net realized gains (losses) except for gains (losses) related to the disposition of real estate investments, income from non-operating litigation settlements (included in Other income for GAAP purposes) and changes in fair value of securities used to hedge guaranteed living benefits (included in Net investment income for GAAP purposes). Operating Earnings per Common Share ("Operating EPS") is derived by dividing AATOI by weighted average diluted share ...

Company Overview - As of October 27, 2023, Corebridge Financial, Inc. had 631,023,678 shares of common stock outstanding[381]. Competition and Regulatory Environment - The company faces intense competition and technological changes that may present new challenges to its business[379]. - The company is subject to regulatory scrutiny, which could impact its ability to compete effectively in the industry[379]. - The company faces intense competition and regulatory challenges that may impact future performance[379]. Financial Performance - Total revenues for Q3 2023 were $5,505 million, a decrease of 15.8% compared to $6,538 million in Q3 2022[390]. - Net income attributable to Corebridge for Q3 2023 was $2,101 million, down from $2,406 million in Q3 2022, representing a decline of 12.7%[390]. - Total net investment income for Q3 2023 was $2,657 million, an increase of 23% from $2,160 million in Q3 2022[390]. - Policyholder benefits for Q3 2023 amounted to $1,102 million, a decrease of 33.4% compared to $1,656 million in Q3 2022[390]. - The company reported net realized gains of $1,220 million in Q3 2023, down from $2,098 million in Q3 2022[390]. - Interest credited to policyholder account balances increased to $1,134 million in Q3 2023, compared to $954 million in Q3 2022, reflecting a growth of 19%[390]. - The change in fair value of market risk benefits was a loss of $418 million in Q3 2023, slightly improved from a loss of $435 million in Q3 2022[390]. - Basic earnings per share for Q3 2023 were $3.29, down from $3.73 in Q3 2022, indicating a decrease of 11.8%[390]. - The total benefits and expenses for Q3 2023 were $3,044 million, a decrease of 9.6% from $3,366 million in Q3 2022[390]. - Comprehensive income attributable to Corebridge for Q3 2023 was a loss of $2,011 million, compared to a loss of $3,442 million in Q3 2022[391]. - Corebridge reported a net income of $2,367 million for the nine months ended September 30, 2023, a decrease of 72.6% compared to $8,647 million in the same period of 2022[396]. Cash Flow and Investments - The net cash provided by operating activities increased to $2,590 million, up 20.5% from $2,150 million in the prior year[396]. - Proceeds from policyholder contract deposits rose to $24,550 million, compared to $19,831 million in the same period last year, reflecting a 23.3% increase[396]. - The company reported a net cash used in investing activities of $3,267 million, a slight improvement from $3,330 million in the prior year[396]. - Corebridge's total cash and restricted cash at the end of the period was $581 million, an increase from $444 million in the previous year[399]. - The company recorded a total adjustment of $223 million in cash flows from operating activities, contrasting with a negative adjustment of $6,497 million in the previous year[396]. - Corebridge's cash flows from financing activities yielded a net increase of $660 million, down from $1,032 million in the same period of 2022[396]. Assets and Liabilities - Total assets increased to $422,435 million, up from $410,155 million at the beginning of the year, reflecting a growth of approximately 3.1%[407]. - Total liabilities rose to $383,760 million, compared to $370,323 million at the beginning of the year, marking an increase of about 3.6%[407]. - Shareholders' net investment decreased to $36,075 million from $37,232 million, a decline of approximately 3.1%[407]. - Future policy benefits for life and accident and health insurance contracts increased to $65,182 million, up from $54,660 million, representing a growth of about 19.2%[407]. - Deferred policy acquisition costs and value of business acquired rose to $10,500 million from $7,363 million, an increase of approximately 42.9%[407]. - Policyholder contract deposits decreased to $148,421 million from $154,892 million, a decline of about 4.2%[407]. - Total equity decreased to $38,624 million from $39,781 million, reflecting a decrease of approximately 2.9%[407]. - Market risk benefit liabilities remained stable at $8,739 million, unchanged from the previous period[407]. Future Outlook and Risks - Corebridge is exposed to risks associated with foreign operations, which may affect its overall performance[379]. - There are potential risks related to the Tax Matters Agreement with AIG, which may affect Corebridge's tax liabilities[379]. - The company has ongoing challenges related to compliance with applicable laws as a public company, which can be costly and time-consuming[379]. - Corebridge's investment portfolio management may face challenges due to increased regulation and scrutiny of investment advisers[379]. - The company has a significant reliance on AIG for certain services, which could pose risks if AIG fails to perform as expected[379]. - Corebridge's future results may differ materially from expectations due to various risks and uncertainties inherent in its business[379]. - The company does not undertake any obligation to update or revise forward-looking statements, which may affect investor perceptions[379].

Corebridge Financial, Inc. (NYSE:CRBG) Q2 2023 Results Conference Call August 4, 2023 8:30 AM ET Company Participants Josh Smith - Head of Investor Relations Kevin Hogan - President and Chief Executive Officer Elias Habayeb - Chief Financial Officer Conference Call Participants Josh Shanker - Bank of America Ryan Krueger - KBW Brian Meredith - UBS John Barnidge - Piper Sandler Alex Scott - Goldman Sachs Erik Bass - Autonomous Research Suneet Kamath - Jefferies Tom Gallagher - Evercore ISI Operator Hello, ev ...

SECURITIES AVAILABLE FOR SALE Securities Available for Sale in a Loss Position for Which No Allowance for Credit Loss Has Been Recorded Corebridge | Second Quarter 2023 Form 10-Q 45 For the three and six months ended June 30, 2023, the aggregate fair value of available for sale securities sold was $3.0 billion and $5.7 billion, respectively, which resulted in net realized gains (losses) of $(241) million and $(334) million, respectively. Included within the net realized gains (losses) are $(46) million and ...

As filed with the Securities and Exchange Commission on June 5, 2023 Registration No. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Corebridge Financial, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 6311 95-4715639 (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) 2919 Allen Parkway, Wo ...