Corebridge Q2 FY26 net loss narrows to $16 million; adjusted pre-tax operating income drops 21% to $664 million

• Corebridge posted a net loss available to common shareholders of USD 16 million, narrowing from a USD 660 million loss a year earlier.
• Adjusted pre-tax operating income fell 21% from a year earlier to USD 664 million; adjusted after-tax operating income declined to USD 512 million from USD 672 million.
• Operating earnings per share slipped to USD 1.12 from USD 1.22, while core sources of income rose 5% to USD 1.57 billion.
• Premiums and deposits dropped 13% to USD 9.07 billion, reflecting lower fixed and fixed indexed annuity sales, partly offset by higher GIC issuances.
• Equitable merger cleared a key hurdle with shareholder approval; Corebridge returned USD 412 million via repurchases and dividends, declaring a USD 0.25 quarterly dividend.

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