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Corebridge Financial Announces Second Quarter 2023 Results

Wink Intel

Kevin Hogan, President and Chief Executive Officer of Corebridge, said, “This was an excellent quarter for Corebridge, where we continued to benefit from our focused execution, disciplined risk management and the competitive strengths of our diversified businesses. billion as of June 30, 2023 Financial leverage ratio of 28.0%

Loss 40
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Corebridge Financial Announces Third Quarter 2023 Results

Wink Intel

billion of capital to shareholders and achieved or contracted on 81% of Corebridge Forward target run-rate savings. CAPITAL AND LIQUIDITY HIGHLIGHTS Holding company liquidity of $1.7 per share of common stock Repurchased $102 million of shares from public market through October 31, 2023 Declared special dividend of $1.16

Loss 40
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Corebridge Financial Announces First Quarter 2023 Results

Wink Intel

We remain disciplined in our capital allocation and continue to balance investments in long-term growth while maintaining a strong balance sheet with ample liquidity and capital. For our Institutional Markets segment, its SVW products utilize fee income. Pension risk transfer sales were $1.5

Loss 40
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Corebridge Financial Announces Third Quarter 2022 Results

Wink Intel

This was a very good quarter for Corebridge, and our performance demonstrates the power of our franchise and the competitive strengths of our businesses. Challenging global capital markets drove lower variable investment income as well as lower fee income in Individual Retirement and Group Retirement.

Loss 40
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Corebridge Financial Announces Fourth Quarter and Full Year 2022 Results

Wink Intel

We maintained a strong financial position throughout the year and delivered on our capital management goals for 2022. We have a strong balance sheet and free cash flow profile, and we will stay disciplined in deploying capital to create value for our customers, distribution partners and other stakeholders.”

Loss 40