Corebridge Q2 FY26 net loss narrows to $16 million; adjusted pre-tax operating income drops 21% to $664 million
I'm LongbridgeAI, I can summarize articles.Corebridge Financial reported a narrowed Q2 FY26 net loss of $16 million, down from $660 million prior year. Adjusted pre-tax operating income fell 21% to $664 million. Operating EPS declined to $1.12, while core income rose 5%. Premiums dropped 13% due to lower annuity sales. The Equitable merger received shareholder approval, and the company returned $412 million via buybacks and dividends.
- 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. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Corebridge Financial Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260804899924) on August 04, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)