Welcome to our dedicated page for Corebridge Financial news (Ticker: CRBG), a resource for investors and traders seeking the latest updates and insights on Corebridge Financial stock.
Corebridge Financial, Inc. (symbol: CRBG) is a leading provider of retirement solutions and insurance products in the United States. Through its comprehensive range of services, the company aims to secure the financial future of its clients. Corebridge Financial operates through five key segments:
- Individual Retirement: This segment focuses on providing customized retirement solutions to individuals, and it is the primary revenue generator for the company.
- Group Retirement: This segment offers retirement plans and services tailored for groups and organizations, ensuring that entities of all sizes can secure retirement benefits for their members.
- Life Insurance: Corebridge Financial's life insurance segment provides a variety of life insurance products aimed at protecting and supporting families financially after the loss of a loved one.
- Institutional Markets: This division caters to institutional clients, offering specialized financial products and services tailored to meet the unique needs of large-scale organizations.
- Corporate and Other: This segment encompasses the company's corporate functions and other financial operations not included in the primary business units.
Corebridge Financial, Inc. has earned recognition for its innovative solutions and robust financial performance. The company's recent projects include expanding its product offerings and leveraging technology to enhance customer experience. Corebridge Financial continues to build strong partnerships and collaborations to widen its market reach and improve service delivery.
With a solid financial foundation, Corebridge Financial, Inc. remains committed to helping clients achieve their retirement goals and secure their financial future. The firm's strategic initiatives and ongoing projects are geared towards maintaining its leadership in the retirement and insurance sectors.
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Three out of four borrowers expect student loan repayments to impact retirement savings, with some planning to reduce savings for emergencies and retirement. Women are more likely to struggle with payments and have lower disposable income for retirement. Borrowers earning less than $50,000 anticipate the most challenging road ahead.
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Corebridge Financial, Inc. (NYSE: CRBG) sells its UK life insurance business to Aviva plc for £460 million in cash.
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Corebridge Financial, Inc. (CRBG) reports 42% growth in premiums and deposits, $771 million net income, and $679 million adjusted after-tax operating income for the second quarter. The company also announced the sale of Laya Healthcare to AXA for €650 million.
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AIG has announced the closing of its secondary offering of shares of Corebridge Financial, Inc. common stock. AIG sold 74.75 million existing shares at a public offering price of $16.25 per share, raising approximately $1.2 billion in gross proceeds.
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AIG has priced the secondary offering of Corebridge Financial common stock at $16.25 per share, with an expected closing date of June 12, 2023. AIG is offering 65 million existing shares, corresponding to approximately $1.1 billion of gross proceeds. Net proceeds will go to AIG. J.P. Morgan, Morgan Stanley, BofA Securities, and Piper Sandler are acting as bookrunners for the offering.
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AIG announces secondary offering of Corebridge Financial common stock, offering 65 million existing shares with an option to purchase an additional 9.75 million shares. Net proceeds will go to AIG.
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FAQ
What is the current stock price of Corebridge Financial (CRBG)?
The current stock price of Corebridge Financial (CRBG) is $31.47 as of November 21, 2024.
What is the market cap of Corebridge Financial (CRBG)?
The market cap of Corebridge Financial (CRBG) is approximately 17.7B.
What does Corebridge Financial, Inc. do?
Corebridge Financial, Inc. provides retirement solutions and insurance products in the United States, offering services through five key segments: Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate and Other.
What are the main segments of Corebridge Financial, Inc.?
Corebridge Financial operates through Individual Retirement, Group Retirement, Life Insurance, Institutional Markets, and Corporate and Other segments.
Which segment generates the most revenue for Corebridge Financial, Inc.?
The Individual Retirement segment is the primary revenue generator for Corebridge Financial, Inc.
What types of products does Corebridge Financial's Life Insurance segment offer?
The Life Insurance segment offers various life insurance products designed to support families financially after the loss of a loved one.
How does Corebridge Financial support institutional clients?
The Institutional Markets segment provides specialized financial products and services tailored to meet the needs of large-scale organizations.
What recent projects has Corebridge Financial undertaken?
Recent projects include expanding product offerings and leveraging technology to enhance customer experience.
How does Corebridge Financial enhance customer experience?
The company leverages technology to improve service delivery and expand product offerings, ensuring a better customer experience.
What are Corebridge Financial's strategic initiatives?
Corebridge Financial's strategic initiatives focus on maintaining leadership in the retirement and insurance sectors through innovation, strong partnerships, and robust financial performance.
Where does Corebridge Financial operate?
Corebridge Financial operates throughout the United States, providing a broad set of retirement and insurance products.
How has Corebridge Financial been recognized in the industry?
Corebridge Financial is recognized for its innovative solutions, solid financial performance, and commitment to helping clients achieve their retirement and financial goals.
Corebridge Financial, Inc.
NYSE:CRBG
CRBG Rankings
CRBG Stock Data
17.65B
567.40M
0.26%
103.39%
1.56%
Asset Management
Life Insurance
United States of America
HOUSTON