secwatch.observer — SEC 8-K summary
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Issuer:     Corebridge Financial, Inc. (CRBG)
CIK:        0001889539
Form:       8-K
Filed at:   2023-08-04T23:59:59+00:00
Accession:  0001889539-23-000016
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corebridge Q2 net income $771M; premiums & deposits +42%; sells Laya for €650M
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- Net income $771M ($1.18/sh); adjusted operating income $679M ($1.04/sh).
- Premiums and deposits grew 42% YoY to ~$10B; base spread income +42%.
- Base yield expanded 76 bps vs prior year; Life Fleet RBC ratio >400% target.
- Returned $750M to shareholders via dividends and share repurchases; quarterly dividend $0.23/sh.
- Announced sale of Laya Healthcare to AXA for €650M; expected to close in 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889539/000188953923000016/0001889539-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889539/000188953923000016/crbg-20230804.htm
  HTML page:      https://secwatch.observer/filing/0001889539-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer