Institutional Markets was Corebridge Financial’s largest segment in fiscal 2025, bringing in $7.03B of $18.48B (38%).
| Segment | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|
| Individual Retirement | $5.32B | $4.99B | $5.79B | $6.42B | ||
| Institutional Markets | $4.16B | $7.39B | $5.23B | $7.03B | ||
| Life Insurance | $4.94B | $4.64B | $4.35B | $4.23B | ||
| Group Retirement | $2.74B | $2.73B | $2.72B | $2.69B | ||
| Adjustments | $6.74B | -$1.07B | $483.00M | -$1.98B | ||
| Corporate & Other | $846.00M | $119.00M | $143.00M | $83.00M | ||
| Eliminations | -$41.00M | — | — | — | ||
| Total | $24.70B | $18.80B | $18.71B | $18.48B |
Corebridge Financial brought in $18.48B from its six segments in fiscal 2025, the year ended December 31, 2025. That was down 1.2% from $18.71B in fiscal 2024. Institutional Markets was the largest at $7.03B (38.1%), ahead of Individual Retirement at $6.42B (34.7%) and Life Insurance at $4.23B (22.9%). The other two segments brought in $2.77B combined.
Compared with fiscal 2024, Institutional Markets grew fastest, up 34.6% to $7.03B, while Life Insurance fell the most, down 2.7% to $4.23B.
The total is net of Adjustments, which took $1.98B off revenue in fiscal 2025.
As Previously Reported was Corebridge Financial’s largest revenue line in fiscal 2021, bringing in $23.39B of $23.26B (101%).
| Revision of Prior Period | FY 2021 |
|---|---|
| As Previously Reported | $23.39B |
| Effect Of Change | -$133.00M |
| Total | $23.26B |
Corebridge Financial brought in $23.26B from its two revenue lines in fiscal 2021, the year ended December 31, 2021. As Previously Reported was the largest at $23.39B (100.6%).
The total is net of Effect Of Change, which took $133.00M off revenue in fiscal 2021.
Corebridge Financial (CRBG) reports its revenue by segment and by revision of prior period. In fiscal 2025, Institutional Markets was its largest segment, bringing in $7.03B (38.1% of the total), followed by Individual Retirement at $6.42B (34.7%).
Institutional Markets was Corebridge Financial's largest segment in fiscal 2025, bringing in $7.03B, or 38.1% of the $18.48B total across its six segments.
As Previously Reported was Corebridge Financial's largest revenue line in fiscal 2021, bringing in $23.39B, or 100.6% of the $23.26B total across its two revenue lines.
Among Corebridge Financial's segments that make up at least 2% of revenue, Institutional Markets grew fastest in fiscal 2025, up 34.6% from $5.23B to $7.03B.
Every figure comes from Corebridge Financial's annual financial filings, as reported. Each line keeps the name Corebridge Financial gives it, and years follow its fiscal calendar.
Corebridge Financial's revenue by segment goes back to fiscal 2020, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.