Corebridge Financial Inc. (CRBG) News
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Latest CRBG News From Around the Web
Below are the latest news stories about COREBRIDGE FINANCIAL INC that investors may wish to consider to help them evaluate CRBG as an investment opportunity.
Polly Klane to Join Corebridge Financial as General CounselHOUSTON, January 07, 2025--Corebridge Financial, Inc. (NYSE: CRBG) today announced that Polly Klane will join the company as General Counsel in February. Reporting to Chief Executive Officer Kevin Hogan, Klane will oversee Corebridge’s legal, compliance, regulatory, corporate secretary and government affairs functions. She will also serve as a member of the company’s Executive Leadership Team. Klane will assume responsibilities from Christine Nixon who announced her retirement last year after mo |
How interest rates will impact insurance stocks this yearGlobal insurance premiums declined in 2024 for the first time since 2017, driven by lower rates. BofA Securities senior insurance analyst Joshua Shanker joins Market Domination to analyze the insurance industry's growth prospects. Shanker explains that insurance companies have two revenue streams: underwriting and investing. He notes that when companies generate stronger returns from investments due to higher rates, "there might be relief on pricing in order to take advantage of those higher yields." "The last ten years of interest rates have been low, so the cost of insurance has gone up to compensate. In theory, and it's been a long time, there could be some rate relief over the long term in terms of what insurers charge, on the grounds that maybe they make more on the investment inco... |
What the Record Wave of New 65-Year-Olds Means for Wall StreetFinancial institutions will profit from the shifting of retirement assets, but also face repayment risk from some seniors. |
Corebridge Financial Research Finds Retirement Expectations of Women Don’t Always Meet RealitiesHOUSTON, December 11, 2024--New research from Corebridge Financial digs into the financial realities of retired women compared to what they expected and provides key learnings for future retirees. The study reveals that only 19% of retired women are finding retirement to be exactly what they expected, with 26% going as far to say that retirement is not at all what they expected. The most common retirement surprise is cost, with 50% of retired women saying retirement is more expensive than antici |
Nippon Life to Acquire Resolution Life for $8.2 BillionJapan’s Nippon Life has agreed to acquire Bermuda-based Resolution Life, marking its latest multibillion deal as it seeks growth abroad amid a shrinking population at home. |
Corebridge Financial (NYSE:CRBG) Is Due To Pay A Dividend Of $0.23Corebridge Financial, Inc.'s ( NYSE:CRBG ) investors are due to receive a payment of $0.23 per share on 31st of... |
Nippon Life in Talks to Acquire Resolution LifeThe potential deal follows Nippon Life’s purchase of a stake in Corebridge Financial from American International Group and underscores the Japanese insurer’s thirst for deals abroad. |
Corebridge Financial Announces Updates to Board of DirectorsHOUSTON, December 10, 2024--Corebridge Financial, Inc. (NYSE: CRBG) today announced updates to its Board of Directors. |
Corebridge Financial's (NYSE:CRBG) Dividend Will Be $0.23Corebridge Financial, Inc.'s ( NYSE:CRBG ) investors are due to receive a payment of $0.23 per share on 31st of... |
Corebridge Financial Announces Pricing of Secondary Offering of Common Stock by AIGHOUSTON, November 08, 2024--Corebridge Financial, Inc. (NYSE: CRBG) today announced that the previously announced secondary offering by American International Group, Inc. (NYSE: AIG) of common stock of Corebridge Financial has priced at $31.20 per share. The offering is expected to close on November 12, 2024, subject to customary closing conditions. |