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Stock impact report

3 Reasons to Avoid CRBG and 1 Stock to Buy Instead [Yahoo! Finance]

Corebridge Financial Inc. (CRBG) 
Company Research Source: Yahoo! Finance
Shareholders have lost 16.1% of their capital, which is disappointing considering the S&P 500 has climbed by 11.9%. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is now the time to buy Corebridge Financial, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team's opinion, it's free for active Edge members Why Is Corebridge Financial Not Exciting? Even though the stock has become cheaper, we're sitting this one out for now. Here are three reasons you should be careful with CRBG and a stock we'd rather own. 1. Declining Net Premiums Earned Reflect Weakness When insurers sell policies, they protect themselves from extremely large losses or an outsized accumulation of losses with reinsurance (insurance for insurance companies). Net premiums earned are: Gross premiums - what's ceded to reinsurers as a risk mitigation and transfer strategy Show less Read more
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