Corebridge estimates Q1 variable investment income at $15 million to $25 million
Corebridge Financial said preliminary first-quarter 2026 variable investment income is estimated at $15 million to $25 million pre-tax, with positive alternative investment returns offset by unrealized mark-to-market losses. The company also said it is exploring share repurchases before its pending merger with Equitable Holdings closes, which would require a waiver from Equitable, and that there is no assurance it will do so.
Key points
- Estimated first-quarter 2026 variable investment income: $15 million to $25 million pre-tax, based on preliminary results and unaudited.
- Positive alternative investment returns are estimated to be offset by unrealized mark-to-market losses on investments at fair value.
- Full first-quarter results are scheduled for release May 4, 2026, with an earnings call on May 5, 2026.
- Corebridge is exploring share repurchases before the merger with Equitable Holdings closes, announced March 26, 2026; any buyback would need a merger agreement waiver.
The filing
Written by AI on Nov 8, 2026, 1:11 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 15, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.