Corebridge Financial Inc
For the period ended Dec 31, 2023. Filed Feb 15, 2024.
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FY2023 · Filed Feb 15, 2024
CRBG$34.09-0.4%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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SCHEDULE III
Schedules |Schedule III
Supplementary Insurance Information
| At December 31, 2023 and 2022 · Schedule III | ||||
|---|---|---|---|---|
| Segment (in millions) | Deferred Policy Acquisition Costs and Value of Business Acquired * | Future PolicyBenefits * | Policy andContractClaims | UnearnedPremiums |
| Individual Retirement | $4,779 | $1,470 | $34 | $— |
| Group Retirement | 1,056 | 227 | 1 | — |
| Life Insurance | 4,106 | 13,400 | 789 | 6 |
| Institutional Markets | 70 | 20,025 | 39 | — |
| Corporate and Other | — | 21,986 | 115 | 5 |
| Total Corebridge | $10,011 | $57,108 | $978 | $11 |
| Individual Retirement | $4,646 | $1,359 | $41 | $— |
| Group Retirement | 1,061 | 223 | 1 | — |
| Life Insurance | 4,805 | 13,354 | 1,229 | 54 |
| Institutional Markets | 51 | 13,745 | 40 | — |
| Corporate and Other | — | 21,837 | 122 | 6 |
| Total Corebridge | $10,563 | $50,518 | $1,433 | $60 |
- Excludes balances that have been reclassified to held-for-sale.
| For the years ended December 31, 2023, 2022 and 2021 | ||||||
|---|---|---|---|---|---|---|
| Segment (in millions) | Premiums and Policy Fees | Net Investment Income | OtherIncome(a) | Benefits(b) | Amortization of Deferred Policy Acquisition Costs and Value ofBusiness Acquired | Other Operating Expenses |
| Individual Retirement | $921 | $4,884 | $426 | $2,535 | $572 | $929 |
| Group Retirement | 426 | 1,965 | 309 | 1,224 | 82 | 716 |
| Life Insurance | 3,264 | 1,251 | 93 | 3,171 | 379 | 753 |
| Institutional Markets | 5,799 | 1,546 | 2 | 6,862 | 9 | 109 |
| Corporate and Other | 78 | 1,432 | 54 | (3) | — | 702 |
| Total Corebridge | $10,488 | $11,078 | $884 | $13,789 | $1,042 | $3,209 |
| Individual Retirement | $976 | $3,872 | $463 | $2,222 | $523 | $936 |
| Group Retirement | 435 | 1,976 | 312 | 1,186 | 80 | 705 |
| Life Insurance | 3,427 | 1,386 | 126 | 3,338 | 410 | 740 |
| Institutional Markets | 3,085 | 1,017 | 3 | 3,706 | 7 | 96 |
| Corporate and Other | 82 | 1,325 | 121 | — | — | 680 |
| Total Corebridge | $8,005 | $9,576 | $1,025 | $10,452 | $1,020 | $3,157 |
| Individual Retirement | $991 | $4,356 | $592 | $2,112 | $451 | $1,049 |
| Group Retirement | 502 | 2,396 | 337 | 1,191 | 78 | 722 |
| Life Insurance | 3,126 | 1,614 | 110 | 3,211 | 416 | 790 |
| Institutional Markets | 3,953 | 1,134 | 2 | 4,435 | 6 | 103 |
| Corporate and Other | 86 | 2,172 | 134 | — | — | 385 |
| Total Corebridge | $8,658 | $11,672 | $1,175 | $10,949 | $951 | $3,049 |
(a) Other income represents advisory fee income and other income balances.
(b) Benefits represents policyholder benefits and interest credited to policyholder account balances.
Corebridge | 2023 Form 10-K 281
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