EQH — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-06

• On July 30, 2026, stockholders of both Holdings and Corebridge voted to approve all stockholder proposals necessary to complete the Proposed Transaction at their respective special stockholder meetings. The Proposed Transaction is expected to close by the end of 2026, subject to customary closing co…

• The NAIC is considering various topics related to funding agreement-backed notes and similar programs. As part of this effort, the NAIC’s Statutory Accounting Principles (E) Working Group adopted revisions to SSAP No. 52 — Deposit-Type Contracts, effective year-end 2026, to require enhanced disclosu…

• The NAIC’s Big Data and Artificial Intelligence (H) Working Group is evaluating AI-use outcomes and how well the current regulatory framework addresses potential harms from the use of AI. The goal is to develop an overall AI regulatory framework that could be incorporated into an NAIC regulatory han…

• In addition to our results presented in accordance with U.S. GAAP, we report Non-GAAP Operating Earnings, and Non-GAAP operating common EPS, each of which is a measure that is not determined in accordance with U.S. GAAP. Management principally uses these Non-GAAP financial measures in evaluating per…

• Income tax expense (benefit) related to above adjustments(246)(185)(205)(277)

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• The Proposed Transaction is expected to close by end of 2026, subject to customary closing conditions, including the receipt of required regulatory approvals and approval of the respective shareholders of both Corebridge and Holdings.

• NAIC working groups are considering topics related to funding agreement-backed notes and similar programs, including a proposal currently under consideration to provide regulators with enhanced disclosures for funding agreements that support such programs.

• In August 2025, the NAIC adopted an actuarial guideline (“AG 55”) developed by the Life Actuarial (A) Task Force (“LATF”) that subjects certain post January 1, 2016 offshore reinsurance transactions to enhanced asset adequacy testing. The guideline requires asset adequacy testing for long-duration i…

• disclosure. The Company is preparing to comply with this new guideline, for which reporting will be required with respect to reserves reported as of December 31, 2025, in an insurer’s annual statement. In October 2025, LATF exposed for comment a revised filing template intended to assist ceding insu…

• On December 11, 2025, the NAIC adopted revisions to SSAP No.61—Life, Deposit-Type and Accident and Health Reinsurance which require combining reinsurance contracts that include both yearly renewable term and coinsurance portions to be evaluated for risk transfer on an overall basis (as well as for e…

Text removed vs the prior filing · source: 10-Q · 2026-05-07

• The completion of the Proposed Transaction is subject to a number of conditions, including stockholder approvals, and, if these conditions are not satisfied or waived, the Proposed Transaction may not be completed within the expected timeframe or at all.

• The completion of the Proposed Transaction is subject to the satisfaction or waiver of certain conditions, including: (a) the approval of the Merger Agreement by the affirmative vote of the holders of a majority of the outstanding shares of Corebridge common stock entitled to vote thereon at the Cor…

• The obligation of each of us and Corebridge to consummate the Proposed Transaction is also conditioned on, among other things, (x) the truth and correctness of the representations and warranties made by the other party as of the closing date (subject to certain “materiality” and “material adverse ef…

• There can be no assurance that the conditions to the completion of the Proposed Transaction will be satisfied or waived on a timely basis or at all. In addition, no assurance can be given as to the terms, conditions and timing of any approvals or clearances. Any delay in completing the Proposed Tran…

• While the Proposed Transaction is pending, we will be subject to business uncertainties.