Highest-materiality recent filing
Marc Costantini (Corebridge CEO) will be CEO of combined company; Mark Pearson (Equitable CEO) to be Executive Chair.
Corebridge reports Q1 net loss of $53M; adjusted operating income $501M
Net loss of $53M ($0.11 per share); adjusted operating EPS of $1.05.
Preliminary variable investment income estimated at $15M-$25M pre-tax for Q1 2026; offset by unrealized fair value losses.
Corebridge secures Nippon Life voting support for Equitable Holdings merger
Nippon Life agrees to vote its Corebridge shares in favor of merger with Equitable.
Corebridge and Equitable agree to all-stock merger; CRBG holders own ~51% of new HoldCo
Each Corebridge share converts to 1.0 share of HoldCo common; each Equitable share converts to 1.55516 shares.
Corebridge Financial agrees to repurchase $750M of its common stock from AIG at $30.42/share
Aggregate purchase price $750 million; $30.42 per share based on Feb 12 NYSE closing price.
Corebridge Q4 net income $814M; FY adjusted operating income $2.4B; dividend up 4%
Q4 net income $814M ($1.59 EPS); adjusted operating income $626M ($1.22 op EPS).
Corebridge closes variable annuity reinsurance and SAAMCo sale to Venerable
Final portions closed Jan 1-2, 2026: USL reinsurance (100% of liabilities) and SAAMCo sale to Venerable.
Corebridge: AIG to sell 32.6M shares; Corebridge to buy back 16.1M shares at $31.03 each
AIG to sell 32.6M CRBG shares to J.P. Morgan at $31.03/share under agreement dated Nov 4, 2025.
Corebridge Q3 net income $144M ($0.27/sh); adj. operating EPS $0.96; record premiums $12.3B
Premiums and deposits reached $12.3B, highest in recent history.
Marc Costantini, former Global Head of Strategy at Manulife, named CEO and board member effective December 1, 2025.
AIG to sell 30M shares of Corebridge common stock at $33.51 per share in secondary offering
Selling stockholder AIG agreed to sell 30,000,000 shares of CRBG common stock at $33.5113/share to Morgan Stanley.
Corebridge Q2 net loss $660M; adjusted operating income $750M, up 10% YoY; VA reinsurance 90% closed
Net loss $660M (diluted EPS -$1.20); adjusted after-tax operating income $750M (op EPS $1.36).
Corebridge to reinsure $51B variable annuity block to Venerable; $2.8B deal, $2.1B net proceeds
Reinsures 100% of Individual Retirement variable annuity book ($51B account value) with Venerable subsidiary.
Corebridge Q1 net loss $664M, operating EPS $1.16, returned $454M to shareholders
Net loss of $664M ($1.19 per share); adjusted operating income $649M, operating EPS $1.16.
Corebridge Q4 adj operating EPS $1.23, FY EPS $4.83; dividend raised to $0.24, $2B buyback added
Q4 net income $2.2B ($3.80 GAAP EPS); adjusted operating income $701M ($1.23 EPS).
Nippon Life completes $3.8B purchase of 21.6% Corebridge stake from AIG; board changes
Nippon Life acquired 121.96M CRBG shares from AIG for ~$3.8B cash, now owns 21.6% of Corebridge; AIG retains 22.5%.
AIG sells 30M shares of Corebridge (CRBG) at $31.05 in secondary offering
AIG agreed to sell 30,000,000 shares of Corebridge common stock to underwriters at $31.05 per share.
Corebridge Q3 net loss $1.2B due to realized losses; adj. operating EPS $1.38, up 31% YoY
Net loss of $1.2B ($2.02/share) driven by realized losses from Fortitude Re funds withheld embedded derivative.
Corebridge Q2 net income $365M, operating EPS $1.13, up 9% YoY
Net income $365M ($0.59 EPS); adjusted operating income $692M ($1.13 EPS).
AIG deconsolidates Corebridge after waiving board majority; director resigns
AIG waived right to majority candidate slate; Chris Schaper resigned from Corebridge board effective June 9, 2024.
AIG sells 30M Corebridge shares at $29.05 to Morgan Stanley; over-allotment option for 4.5M shares
AIG (Selling Stockholder) to sell 30,000,000 shares of Corebridge common stock to Morgan Stanley at $29.05285 per share.
AIG sells 20% stake in Corebridge (~122M shares) to Nippon Life for $3.84B
AIG sells 121,956,256 shares (≈20% of outstanding) to Nippon Life for $3,838,012,158.82 cash (~$31.47/share).
Corebridge Q1 net income $878M ($1.41 EPS); operating EPS $1.10 +13% YoY; $2B buyback increase
Net income $878M ($1.41 diluted EPS); adjusted after-tax operating income $688M ($1.10 operating EPS).
On August 24, 2024, the Board of Directors (the “Board”) of Corebridge Financial, Inc. (the “Company”) increased the number of directors serving on the Board from twelve to thirteen and elected Edward P. Bousa, age 65, as a director of the Company, effective immediately.
On June 9, 2024, Christopher Schaper resigned as a member of the Board, effective immediately.
Max materiality 0.95 · Median 0.65 · Most common event leadership