Corebridge Financial Inc.
Corebridge Financial Reports Strong Fourth Quarter and Full Year 2024 Results
Summary
Corebridge Financial, Inc. reported a significant turnaround in its financial performance for the fourth quarter and full year 2024, with a net income of $2.2 billion for Q4 and $2.2 billion for the full year. The company generated adjusted after-tax operating income of $701 million for Q4 and $2.9 billion for the full year. Premiums and deposits were $9.9 billion for Q4 and $41.7 billion for the full year. Corebridge also returned $2.3 billion to shareholders through share repurchases and dividends in 2024, reflecting its financial strength and commitment to shareholder value.
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About Corebridge Financial Inc.
Corebridge Financial Inc. is a prominent entity in the realm of insurance and financial services, primarily focused on providing tailored retirement solutions and insurance coverage. As a significant player in the financial markets, Corebridge Financial Inc. specializes in asset management and life insurance, supporting individuals and businesses in achieving financial security and resilience. The firm offers diverse retirement products, including annuities and retirement plans, aimed at ensuring stable income and wealth preservation for its clients. Operating across various sectors such as real estate, healthcare, and manufacturing, Corebridge Financial Inc. addresses the investment and insurance needs of a wide clientele. Its market significance is underscored by its commitment to delivering risk management services and long-term growth strategies, thereby contributing to economic resilience and personal financial planning.
Official SEC Documents