Corebridge Financial to merge with Equitable Holdings, forming largest US life insurer by earnings.

Corebridge Financial, Inc. is merging with Equitable Holdings to create the largest U.S. life insurer by earnings and a fully integrated annuity platform. The merger, expected to close by the end of 2027, aims to deliver over $5 billion in adjusted operating earnings, significant cost synergies, and more than 15% return on equity by fiscal year 2027. Corebridge shares have risen 40% since the announcement, supported by strong annuity demand and insider buying, signaling confidence in the deal's success and future growth potential. Investors can expect 10% earnings per share accretion by fiscal year 2028, with a solid balance sheet and aggressive share buybacks enhancing shareholder value.

Corebridge Financial shares are trading at USD 35.97 with a slight gain of 0.22% as of Nov 11, 2026 06:11 WIB on Pluang. Equitable Holdings is priced at USD 55.64, up 0.42% on the same date. The merger news coincides with Corebridge’s dividend yield of 2.79%, reflecting ongoing investor interest in the stock.