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Corebridge Financial Q2 Earnings Call Highlights
['Max Byerly']
Ticker Report
Get alerts:Adjusted pre-tax operating income was $664 million and earnings per share were $1.12, according to Interim Chief Financial Officer Chris Filiaggi.
Alternative Investments Weigh on Quarterly ResultsCore sources of income, excluding variable investment income, rose 5% from the prior-year quarter.
Excluding variable investment income, adjusted ROE increased 90 basis points year over year to 10.9%.
The segment’s adjusted pre-tax operating income declined 7%, reflecting lower spread income and higher operating expenses, partly offset by fee growth.
About Corebridge Financial (NYSE:CRBG)Corebridge Financial (NYSE: CRBG) is a publicly traded provider of retirement, life insurance and asset management solutions.