{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-033068","form_type":"8-K","ticker":"CRBG","cik":"0001889539","company_name":"Corebridge Financial, Inc.","filed_at":"2025-06-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.382456+00:00","generated_at":"2026-05-18T18:24:31.704569+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Corebridge to reinsure $51B variable annuity block to Venerable; $2.8B deal, $2.1B net proceeds","bullets":["Reinsures 100% of Individual Retirement variable annuity book ($51B account value) with Venerable subsidiary.","Transaction value $2.8B (ceding commission + capital release); net after-tax proceeds ~$2.1B.","Board authorized $2B increase to share repurchase program; substantial majority of proceeds to buybacks.","Corebridge expects 2026 AATOI to decrease ~$300M but earnings multiple ~9-10x; risk reduced.","Texas closing in Q3 2025; New York and SAAMCo sale in Q4, subject to regulatory approvals."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-033068","json":"https://secwatch.observer/filing/0001628280-25-033068.json","markdown":"https://secwatch.observer/filing/0001628280-25-033068.md","text":"https://secwatch.observer/filing/0001628280-25-033068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1889539/000162828025033068/0001628280-25-033068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1889539/000162828025033068/crbg-20250625.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T18:24:31.704569+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}