secwatch.observer — SEC 8-K summary
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Issuer:     Corebridge Financial, Inc. (CRBG)
CIK:        0001889539
Form:       8-K
Filed at:   2025-08-04T23:59:59+00:00
Accession:  0001889539-25-000050
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Corebridge Q2 net loss $660M; adjusted operating income $750M, up 10% YoY; VA reinsurance 90% closed
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- Net loss $660M (diluted EPS -$1.20); adjusted after-tax operating income $750M (op EPS $1.36).
- Premiums and deposits $10.8B; holding company liquidity $1.3B as of June 30, 2025.
- Closed AGL portion of Individual Retirement VA reinsurance, representing ~90% of transaction value.
- Returned $442M to shareholders in Q2 including $311M in share repurchases; H1 payout ratio 64%.
- Adjusted pre-tax operating income +10% YoY, operating EPS +20%, adjusted ROE +230 bps.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1889539/000188953925000050/0001889539-25-000050-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1889539/000188953925000050/crbg-20250804.htm
  HTML page:      https://secwatch.observer/filing/0001889539-25-000050

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