Corebridge Financial, Inc. (CRBG)
2024-09-30 | 2024-06-30 | |||
|---|---|---|---|---|
| Total investment income | 3,485 | - | ||
| Investment expenses | 189 | - | ||
| Total revenues | 2,616 | 3,710 | ||
| General operating expenses | 492 | 532 | ||
| Policyholder benefits (includes remeasurement (gains) losses of 140 and 35 for the three months ended september30, 2024 and 2023, and 308 and 192, for the nine months ended september 30, 2024 and 2023, respectively) | 1,149 | 1,049 | ||
| Advisory fee expenses | 73 | 71 | ||
| Change in the fair value of market risk benefits, net | -603 | -25 | ||
| Interest expense | 133 | 138 | ||
| Interest credited to policyholder account balances | 1,358 | 1,274 | ||
| Non-deferrable insurance commissions | 141 | 146 | ||
| Net (gain) loss on divestitures | -1 | 241 | ||
| Amortization of deferred policy acquisition costs and value of business acquired | 260 | 260 | ||
| Total benefits and expenses | 4,210 | 3,254 | ||
| Income (loss) before income tax expense (benefit) | -1,594 | 456 | ||
| Income tax expense (benefit) | -407 | 115 | ||
| Net income (loss) | -1,187 | 341 | ||
| Net income (loss) attributable to noncontrolling interests | -3 | -24 | ||
| Net income (loss) attributable to corebridge | -1,184 | 365 | ||
| Basic eps | -2.02 | 0.6 | ||
| Diluted eps | -2.02 | 0.59 | ||
| Basic average shares | 587,100,000 | 611,600,000 | ||
| Diluted average shares | 587,100,000 | 612,600,000 | ||