Corebridge posts adjusted operating income of $2.4bn in 2025 despite Fortitude Re accounting impact

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Reinsurance News - Feb 10, 2026

Despite a 2025 net loss of $366 million, largely driven by higher losses from the Fortitude Re funds withheld embedded derivative and changes in the fair value of market risk benefits, Corebridge Financial emphasised strong underlying performance and improving earnings momentum in the final quarter...

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